Comment on Modi's Risky Revolution: Demonetization Will Only Work If India's Economy Picks Up Steam

Modi's Risky Revolution: Demonetization Will Only Work If India's Economy Picks Up Steam

On November 8, Indian Prime Minister Narendra Modi made an unscheduled televised announcement that on the stroke of midnight—in less than four hours—the country’s 500 and 1,000 rupee notes would cease to be legal tender.

 

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