4 ms·
Sure they were. As were prostitution rings and other such things. They were affected because everything was. I remember at the time, people hailed this as a "su
by noufalibrahim 8y ago
Sure they were. As were prostitution rings and other such things. They were affected because everything was. I remember at the time, people hailed this as a "surgical strike". Given the collateral damage, it was more like indiscriminate carpet bombing.
India's economy is hugely cash driven and to suck out 80% of that in a single night was an economic shock. The aims were changed repeatedly. Black money, digital transactions, recapitalising idle assets etc. I don't really buy any of that but I'm willing to give the government the benefit of the doubt. Now that it's, for all practical purposes, proven to be a failure, they should accept responsibility for it.