The conversation between human and AI assistant.
Why do economists, bankers are not in favour of Demonitisation?
What steps could the government take to minimize the negative impact of demonetization in the future?
To minimize the negative impact of demonetization, the government could take steps such as ensuring the availability of sufficient cash in circulation, providing support to small businesses that may be affected by the cash shortage, and implementing measures to prevent corruption and illegal activities. The government could also consider a phased approach to demonetization, to allow citizens and businesses sufficient time to adjust to the changes.