CASH IS STILL king. Six years after demonetisation, the currency in circulation has jumped to a new high of ₹30.89 lakh crore as of October 21, 2022, reflecting that cash still remains the preferred choice of payment for Indians. Compared with the pre-demonetisation period, it has increased by a massive 72 per cent from ₹17 lakh crore on November 4, 2016. The demonetisation (of ₹500 and ₹1,000 notes that ceased to be legal tender) was announced by Prime Minister Narendra Modi on November 8, 2016, with the aim of reducing the circulation of black money in the economy, among other objectives.
この記事は Business Today India の December 11, 2022 版に掲載されています。
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この記事は Business Today India の December 11, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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