November 8, 2016, Prime Minister Narendra Modi announced the decision to ban all Rs 500 and Rs 1000 notes. We will also remember Anil Bokil, the founder-member of Pune-based think tank ArthaKranti Pratishthan, is the man credited with germinating the idea of demonetisation in Modi’s mind.
As people struggled to deal with the consequences of its ‘lack of planning’ and ‘hurried implementation’. The decision also led to the deaths of many people and caused economic distress from which the country is yet to recover, with little in the way of actual gains.
As economists and analysts, corporate honchos and statisticians struggle to gauge the beneficial impact of demonetisation, many of the objectives claimed by the government have fallen by the wayside. New claims and afterthoughts on the note ban by senior politicians in power have remained unconvincing. Demonetisation has raised more questions than it has answered.
As we have many funny videos on Note ban on social media. Watch some of the satirical and funny videos.