The conversation between human and AI assistant.
Is demonetization (demonetisation) in India a failure?
Were there any other benefits to demonetization besides tackling corruption?
Yes, demonetization had a positive impact on the Indian economy in several ways. It helped to promote a digital economy by encouraging people to use online transactions, and it also pushed Indian banks to lower their lending rates, which in turn increased consumer spending and boosted economic growth.