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What is the disadvantage of demonetization of Indian currency?
Has the Indian government taken any steps to alleviate the impact of demonetization on the poor?
The government introduced several measures to alleviate the impact of demonetization on the poor, including the Pradhan Mantri Jan Dhan Yojana, providing free bank accounts to those who did not have any. Additionally, the government implemented several schemes for cashless transactions, such as BHIM, UPI, and Aadhar Pay. However, despite these efforts, demonetization had a significant impact on the poor, particularly those living in rural areas.