The conversation between human and AI assistant.
What will be the impact of banning Rs. 500 and Rs. 1000 on the Indian economy?
How do you think this will affect the common man in India?
The ban has affected people differently, depending on their income level and access to alternative modes of payment such as credit or debit cards, e-wallets or mobile banking services. It has been reported that some people are struggling to pay for their basic needs due to the shortage of cash. However, others have welcomed the move and are seeing it as a step towards a cashless economy with fewer opportunities for corruption.