The conversation between human and AI assistant.
Why did the Indian government demonetize the current 500 and 1000 rupee notes and replace them with new notes?
Did the demonetization achieve its intended goals?
While it's still too early to say definitively, the Indian government has claimed that demonetization has been a success in curbing black money and increasing financial inclusion. However, there has been some criticism and debate over whether the long-term benefits will outweigh the short-term costs.