Demonetization and the Black Economy

by Arun Kumar

On 8 November 2016, the prime minister announced the immediate cancellation of all
Rs 500 and Rs 1000 denomination notes, wiping out 86 per cent of the currency in
circulation. India's well-functioning economy went into a tailspin.

This move, it was claimed, was made to wipe out corruption, deter the generation of black
money, weed out fake Indian currency notes and curb terrorism. Overnight, people in India...

• Format: Paperback
• Language: English
• ISBN: 0143456407
• ISBN13: 9780143456407
• Release Date: May 2022
• Publisher: India Portfolio
• Length: 344 Pages
• Weight: 0.50 lbs.
• Dimensions: 0.9" x 5.3" x 8.4"