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Demonetisation At Ten And The Reckoning That Is Still Owed

Demonetisation At Ten And The Reckoning That Is Still Owed
Photo: Free Press Journal · view original

Ten years ago, Indians were asked to surrender the use of their money with only four hours’ notice. It was a shock-and-awe operation. At 8 pm on November 8, 2016, Prime Minister Narendra Modi announced on television that existing ₹500 and ₹1,000 notes would cease to be legal tender at midnight. T...

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