Panel discussion: Demonetisation
On 8 November 2016, The Government of India demonetised existing 500 and 1000 rupee currency notes. As a consequence, 86 percent of Indian bank notes might no longer be legal tender. Put forward by the Government as an essential move to fight corruption and stop the circulation of fake currency notes, critics are concerned about impacts on individuals most reliant on the cash economy, including the difficulties arising as 1.25 billion people attempt to change currency.
Oxford India Centre for Sustainable Development (OICSD) would like to invite you to a panel discussion on impacts of demonetisation on world’s fastest growing economy.