The conversation between human and AI assistant.
What do you think about the Indian Government policy of not circulating INR 500 and INR 1000?
How did the policy impact the economy?
The policy had a mixed impact on the economy. While it led to a short-term slowdown in economic activity, it also led to an increase in digital transactions and a reduction in corruption and black money. Some sectors, such as real estate and jewelry, were adversely affected due to the reduction in cash transactions. Overall, the long-term impact of the policy remains to be seen.