Demonetization Was Not Enough: Why We Need Complete Cash Abolition
In November 2016, India witnessed one of the boldest economic experiments in its history — Demonetization. Overnight, ₹500 and ₹1000 currency notes were declared invalid, with the objective of eliminating black money, curbing corruption, and pushing the country towards a digital economy. The move created a temporary shock, but nearly eight years later, it is…