The Modi government has once again announced a small-scale note ban or demonetisation through RBI.
The Modi government has once again announced a small-scale note ban or demonetisation through RBI. This time, only the Rs 2,000 note is being withdrawn. Significantly, the new Rs 2000 notes have not been printed since 2018. Has the 2016 claim of a surgical strike on black money been fulfilled now? Or is corruption no longer an issue for the government? Was there ever an intention to reduce corruption through the Rs 2000 note? Now, what will be the political ramifications of this small-scale demonetisation? Find out in this NewsClick video with senior journalist Aunindyo Chakravarty.