ISSN (Online) - 2349-8846
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Demonetisation: 1978, the Present and the Aftermath

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In the context of the demonetisation of ₹500 and ₹1,000 notes, the issuance of currency and its different denominations are traced over time, while also tracking key macroeconomic features of India's changing economy over the decades. Further, the possible immediate and longer term economic effects of demonetisation are discussed.



 

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