Tag

• UGI USER
• black money cashless economy demonetization lessons digital payments economic policy Financial Policy India demonetization Indian Economy policy lessons RBI
• 12
• 0

3 Key Lessons from India’s Demonetization

THREE KEY LESSONS FROM INDIA’S DEMONETIZATION EXPERIENCE WHY IN THE NEWS ? Historical Context: November 2016 marked the announcement of demonetization, when the government withdrew ₹500 and ₹1,000 currency notes, accounting for nearly 86% of currency in circulation. Policy Reflection: A decade later, the episode offers important lessons regarding policymaking, institutional autonomy and economic formalisation …

Read More