It has been three years since PM Modi stunned the nation with a bold move - Demonetisation.
Budget 2019: Demonetization helped undisclosed income to light and over 3 lakh shell companies deregistered, says Piyush Goyal
Acting Finance Minister Piyush Goyal highlighted the steps undertaken by the Modi government in his Budget 2019 speech
Promoters of 73000 companies likely to face action over fraudulent transactions post demonetisation: Report
The premier investigation agency SFIO is currently probing 64 cases of alleged fraud involving 500 companies.
These are reportedly preliminary notices and upon further investigation, both the account holder and depositor may face action.
So let us again rewind the declared aims sought to be achieved and analyse each one independently.
The numbers are a strong refutation of the claims made by the opposition parties that the economy is in tatters.
The bank is planning to use video recordings of the press conference and transcripts as evidence against the two ministers
Prime Minister, on 8th November 2016, announced the demonetization of all old Rs.500 and Rs.1000 banknotes