The phenomenal rise in the number of returns filed, income tax collections and GST filling post DeMo clearly suggest that it has successfully influenced people to pay taxes and restrain from black money.
India leaves economists across the world scratching their heads as it keeps the crown of the fastest growing economy as it's GDP grows at a healthy rate of 7℅.
The article explains how replacement of banned Rs. 500 is not happening by an equivalent replacement but by adding a substantial quantity of notes of smaller denominations.
Everyone knows while the demonetization is the decision of the PM, it was a prolonged need of the country. And if the incumbent govt won't, who would address this need?