The conversation between human and AI assistant.
What is the truth behind withdrawal of 1000 and 500 rs notes in India?
Did this move have any impact on the Indian economy?
The demonetization had a significant impact on the Indian economy. It led to a cash crunch in the country, disrupted businesses and caused job losses, especially in the informal sector. Some experts believe that the negative impact of demonetization outweighed the positive impact.