The conversation between human and AI assistant.
What will be the impact of the step taken to ban the 500 & 1000 rupee note on Indian economy?
Has the Indian government implemented any measures to mitigate the negative impacts of the ban?
Yes, the Indian government has taken several steps to mitigate the negative impacts of the ban on the economy, such as increasing the daily withdrawal limits for bank customers, and making more cash available to rural and remote areas. The government has also encouraged businesses to adopt alternative payment methods such as mobile wallets, UPI, and point-of-sale machines.