Demonetisation: Only Pain, Little Gain?

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  • Published On: August 30, 2018
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We tackle the consequences of the Reserve Bank Of India's report that says that a majority of the cash that was taken out of circulation during demonetization, precisely 99.3%, has come back. If it has all come back, says the opposition, where's the black money? Why was such a huge, expensive operation which brought many lives to a standstill, claimed even some lives, why was it undertaken? Rahul Gandhi and Finance Minister Arun Jaitley are sparring with each other on that. We look at the political fallout of that.

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