On November 8, 2016, Prime Minister Narendra Modi appeared on national television and said that all Rs 500 and Rs 1,000 banknotes would become invalid at the stroke of midnight.  The announcement at 8 pm, aimed at flushing out black money funds hidden from the taxman led to nearly 86 percent of the currency in … Continue reading Failed miserably on 3 counts but pass on 1 : Modi’s demonetisation