Citizens for Justice and Peace

One year since Demonetisation A timeline showcasing key events and developments since Nov 8, 2016

08, Nov 2017 | Deborah Grey
#demonetisation #financial-distress #headline-stories

It’s been a year since Prime Minister Narendra Modi addressed the nation and announced that Rs 1000/- and Rs 500/- currency notes had been demonetised and were no longer valid currency. While new notes of different denominations were subsequently introduced, one cannot deny the chaos that ensued as people scrambled to exchange currency and long queues became a regular feature outside banks and ATMs. Here’s a blow by blow account of a monetary policy many say has crippled the Indian economy.

 

 

Feature image by Amir Rizvi

 

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