Increased vigil on the borders is likely to yield results against infiltration of fake notes in the system since most of these are printed beyond Indi
The share of all currency notes except Rs 500, Rs 200 and Rs 20 in the economy dipped in Covid-hit FY21 compared to the previous year
Cash in circulation as a share of the GDP had gone down to 8.26% in 2016-17 as a result of the demonetisation before it began rising again
Post-demonetisation in 2016, critics had pointed out that the move to have Rs 2,000 notes defeated the very purpose of fighting black money by withdra