The 8th of November would be remembered as a day of demonetization in India which we call it notebandi. The dictionary meaning of demonetization is the withdrawal of a particular form of currency from circulation. On this day, PM Narendra Modi announced that 500 and 1000 denomination currency units will […]
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India’s GDP growth hits all time low, demonetization to be blamed?
India’s GDP growth hits all-time low Narendra Modi, India’s prime minister, declared in an unscheduled national broadcast last year that all Rs 500 and Rs 1000 note would cease to be legal tender.This would leave those who had hoarded piles of illicit money from corruption and tax evasion with “worthless […]