Five years later, it’s even more clear that demonetisation was a disaster for India Arun Kumar https://scroll.in/article/1009871/five-years-later-its-even-more-clear-that-demonetisation-was-a-disaster-for-india
7 Nov 2021
The decision was announced at 8 pm and came into force from midnight. Policy makers believed that surprise and secrecy were necessary to catch black-money hoarders off guard to prevent them from getting rid of their illegal funds over the next four hours. However, crowds were seen buying jewellery and property. Some black money got converted into assets that could be monetised later on.
The fatal flow in the understanding behind the policy is that black money is not just cash. There is a distinction between income and wealth. 
The move brought about a policy-induced crisis for the country and did little to stop the flow of black money.
Demonetisation brought about a policy-induced crisis for the country, adversely impacting the marginalised sections of society – women, farmers and workers – while doing little to curb the black economy.
*Notebandi: Claim Vs Facts Part 1*
Looking at 5 years of demonetisation, these series of short videos revisits
the claims made on 8th November 2016. Claim no 1: To end counterfeit currency Claim no 2: to end black money
Did demonetisation end black money? Did demonetisation stop conterfiet currency? https://youtu.be/WsE7ihUSvYA
full interview :https://youtu.be/gFyC3bepGNU
Financial Accountabilty Network India.
*Notebandi: Claims Vs Fact: Part 2* for many of the small businesses of India demonetisation was the
beginning of the end. Dr. Sangeeta Gosh discusses the impacts of demonetisation, GST on the small businesses of the country. https://youtu.be/5hrC95kKGDw Full interview of Dr. Sageeta Gosh https://youtu.be/WPAic48kfPI
Financial Accountability Network India