The impact of demonetisation is immense and it is bound to have positive impact in the long run via different channels of transmission. The different transmission channels are explained below in detail.

The more cash in the coffers of bank and financial institutions would lead to lower lending rate of interest which can boost investment and hence the growth of Indian GDP.  The easy availability of loan will bring many unbanked and poor section of the society un...

This morning I was roped in to speak about the impacts of demonetisation on migrant workers by Gurgaon ki Awaz, a community radio station in Gurgaon, where I live. I was speaking on a live show with the mandate to highlight systemic problems that might impact migrant workers in particular ways in this predicament, when cash is hard to access. To offer context to those outside India, currency notes of particular denominations (Rs 5...