gptkbp:instanceOf
|
economic crisis
|
gptkbp:affectedCurrency
|
₹1000 note
₹500 note
|
gptkbp:announced
|
gptkb:Narendra_Modi
|
gptkbp:cause
|
fight corruption
curb black money
reduce terrorism financing
combat counterfeit currency
|
gptkbp:country
|
gptkb:India
|
gptkbp:criticizedFor
|
gptkb:economist
opposition parties
|
gptkbp:date
|
2016-11-08
|
https://www.w3.org/2000/01/rdf-schema#label
|
Demonetisation of 2016
|
gptkbp:impact
|
cash shortage
increase in digital payments
long queues at banks
disruption to informal sector
|
gptkbp:legalBasis
|
gptkb:Section_26(2)_of_the_Reserve_Bank_of_India_Act,_1934
|
gptkbp:mediaCoverage
|
extensive national and international media attention
|
gptkbp:relatedTo
|
gptkb:Ministry_of_Finance_(India)
gptkb:Reserve_Bank_of_India
Indian economy
Indian banking system
|
gptkbp:replacedBy
|
gptkb:new_₹2000_note
gptkb:new_₹500_note
|
gptkbp:resultedIn
|
debate on effectiveness
increase in bank deposits
temporary decline in GDP growth
withdrawal of 86% of currency in circulation
|
gptkbp:supportedBy
|
gptkb:Bharatiya_Janata_Party
some business leaders
|
gptkbp:bfsParent
|
gptkb:Prime_Minister_Narendra_Modi
|
gptkbp:bfsLayer
|
6
|