Modi’s demonetisation two years on economic necessity or political ploy?

Pant, B. (8 November 2018) Modi’s demonetisation two years on economic necessity or political ploy? South Asia @ LSE.
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Two years ago today, India’s prime minister Narendra Modi, took the radical step to take all 500- and 1,000-rupee notes out of circulation in a bid to tackle ‘black money’ in the Indian economy. Twenty-four months on, Bhaskar Pant asks if that decision was motivated by politics rather than economics.

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