assessments

As the Results Trickle In, a Mixed Bag for Indian Demonetization

Sep 15, 2017 | 09:00 GMT
An Indian man signs his name to use a makeshift ATM as a bank cashier looks on in December 2016.

In November 2016, Prime Minister Narendra Modi declared that banknotes in the most widely circulated denominations could no longer be spent and that the notes had to be turned in by the end of the year before they became worthless. 

(SAM PANTHAKY/AFP/Getty Images)

Although the policy so far appears to have come up short in its goal to fight illicit cash, it has not hurt the ruling party or caused demonstrable economic damage....

Connected Content

Regions & Countries
Topics

Article Search

Copyright © Stratfor Enterprises, LLC. All rights reserved.

Stratfor Worldview

OUR COMMITMENT

To empower members to confidently understand and navigate a continuously changing and complex global environment.

GET THE MOBILE APPGoogle Play