The conversation between human and AI assistant.
How does the latest decision of abolishing 500 and 1000 rupee notes help the Government curb corruption?
Why do you say that?
While the demonetization of high-value banknotes will certainly make it more difficult for people to hoard large amounts of cash and evade taxes, there are many other avenues through which corrupt individuals can hide their money. Moreover, this move may disproportionately affect the poor and rural communities who primarily deal in cash transactions.