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The decision to phase out higher denomination currency notes in India is hailed by many as a bold move by the current Central Government. However, this moment should be considered as an opportunity to re-examine the inherent problems plaguing the monetary system in the country and find solutions for it.

Click the link to read more about this at our blog: Understanding the Phasing Out of Higher Denomination Fiat Currency in India

Rahul V Kumar
Rahul V Kumar
Rahul V Kumar is a Research Consultant at CPPR. He has an MA in Economics and an MPhil in Applied Economics and International Relations from Jawaharlal Nehru University (New Delhi). Currently, he teaches graduate students.