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A look at how demonetisation impacted the economy: The story in numbers

Cash in circulation rose faster after note ban, up 14%

Topics
Demonetisation | Modi govt | indian government

Anoushka Sawhney Samreen Wani & Subrata Panda 

Rupee, demonetisation
In March 2016, 24.4 per cent of the currency was in Rs 500 and Rs 1,000 denominations; as of March 2022, 36.5 per cent of the total volume was in Rs 500 and Rs 2,000 notes

The Supreme Court, on Monday, ruled that the demonetisation was not unreasonable and stands the “test of proportionality”.

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Read our full coverage on Demonetisation

First Published: Mon, January 02 2023. 20:26 IST

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