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What do you think will be the effect of Modi Government's decision of invalidating the RS 500 and RS 1000 notes?
What do you think will be the effect of Modi Government's decision of invalidating the RS 500 and RS 1000 notes?
The demonetization of the Rs 500 and Rs 1,000 notes by the Modi Government is expected to have a significant impact on India's economy. It was aimed at curbing corruption and terrorism financing, but it did result in some short-term disruptions in the economy. However, in the long run, it is expected to have a positive impact on India's economy by promoting the use of digital payments and increasing transparency in financial transactions.