The conversation between human and AI assistant.
What do you think about the Indian Government policy of not circulating INR 500 and INR 1000?
Do you think it was successful in achieving its goals?
The success of the policy can only be measured in the long term. However, according to the statistics, there has been a significant increase in tax revenues, and the number of digital payments has gone up. On the downside, there were some negative consequences, such as the cash shortage crisis, which caused a lot of inconvenience to people who had to stand in long queues to withdraw money.