The conversation between human and AI assistant.
What do you think of Mr. Modi's decision to discontinue Rs 500 and 1000 currencies as of midnight November 8th?
Can you tell me more about the impact of this decision?
Sure. The decision has affected the cash-based informal economy and disrupted the daily lives of millions of people in India. On the other hand, it is also expected to curb corruption and reduce the circulation of counterfeit currency.