The conversation between human and AI assistant.
What will be the impact of banning Rs. 500 and Rs. 1000 on the Indian economy?
What about the impact on businesses?
The impact on businesses could be significant in the short term, especially for those that rely heavily on cash transactions. The government has announced a number of measures to facilitate the transition, including new limits on cash withdrawals and a temporary suspension of taxes on card transactions, which should help ease the impact.