The conversation between human and AI assistant.
Replacing 500 and 1000 notes- how will this move reduce black money?
Interesting. What other methods are being used by the Indian government to tackle corruption and black money?
In addition to demonetization, the government has also implemented initiatives such as Aadhaar, which is a biometric identification system, and the Benami Transactions (Prohibition) Amendment Act, which aims to crack down on the practice of individuals purchasing assets in someone else's name to conceal ownership. There is also a push to encourage more electronic and digital transactions.