The conversation between human and AI assistant.
What are the expected consequences of Declaring 500 and 1000 rupee notes as illegal?
How do you think this will affect the agricultural sector in India?
The agricultural sector in India is heavily dependent on cash transactions, and the demonetization is likely to cause a temporary disruption in the supply chain. However, in the long run, it is expected to provide several benefits to the sector such as reducing the payment of wages in cash, better flow of credit and financing, and an increase in the use of formal channels for transportation and storage.