Demonetization in 2016

GPTKB entity

Statements (27)
Predicate Object
gptkbp:instanceOf economic crisis
gptkbp:affectedCurrency ₹1000 note
₹500 note
gptkbp:announced gptkb:Narendra_Modi
2016-11-08
gptkbp:country gptkb:India
gptkbp:criticizedFor opposition parties
poor planning
economic slowdown
gptkbp:currencyReturnedToBanks over 99%
https://www.w3.org/2000/01/rdf-schema#label Demonetization in 2016
gptkbp:impact cash shortage
long queues at banks
disruption to informal sector
increase in digital transactions
gptkbp:implementedIn gptkb:Reserve_Bank_of_India
gptkbp:objective reduce corruption
curb black money
combat counterfeit currency
promote digital payments
gptkbp:replacedBy gptkb:new_₹2000_note
gptkb:new_₹500_note
gptkbp:supports gptkb:Bharatiya_Janata_Party
some economists
gptkbp:withdrawalDeadline 2016-12-30
gptkbp:bfsParent gptkb:History_of_India_(1947–present)
gptkbp:bfsLayer 7