The conversation between human and AI assistant.
Will the decision to demonetize 500 and 1000 rupee notes help to curb black money?
That's interesting. Is there evidence showing the impact of demonetization so far?
Yes, some reports show that demonetization led to a decline in the growth rate of the Indian economy in the short term. However, there have been recent reports that suggest that the policy has led to long-term benefits, such as increased tax compliance and digitization of the economy.