What is demonetization? Why did demonetization fail in India?

Those who say demonetisation is good in the long run should recall the quote: ‘In the long run we are all dead’. -Dr. Manmohan Singh (Former Primer Minister of India, Economist) November 11, 2017| The monumental action by the government of India to scrap Rs.500/- and Rs.1000/- currency notes from the country on November 8, 2016, recently completed one year. The decision initially hailed as … Continue reading What is demonetization? Why did demonetization fail in India?