The conversation between human and AI assistant.
What is the logic behind scrapping of 500 and 1000 rupee notes by the Indian Government?
Did the government have any alternative solutions to combat these issues?
There were certainly other potential solutions that could have been explored, such as implementing stronger anti-corruption measures or encouraging more widespread usage of digital payments. However, the government chose to pursue the demonetization path as they believed it would be more effective in the short term.