The Utter Failure
of Demonetization: The RBI says so even as it says not
Dec
29th 2016, Surajit Mazumdar
From
the figure of the value of fresh banknotes issued by
banks by 19 December, it can be concluded that we are
still very far away from the full replacement of the
cash withdrawn from circulation and the severe cash
shortage is going to continue well beyond 30 December.
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