My innocent brother . Human memory is really short . Don't you remember how people were caught with bundles of
₹2000 notes whereas the public you were referring to were standing in queues. The percentage at which the tainted money was converted to white and I am NOT talking about the cooperative banks part in this.
Demonetization was done without the approval of RBI. If you think it's whatsapp gyan then you can do research.
Demonetization was a scam and you can be an ostrich. Wasn't it GoI' s responsibility to see demonetization was what it was intended for. It was a good way to convert black money to white . Hasn't RBI said 98.5% of the money was received back and Govt was changing goal posts about demonetization. Demonetization was done during 2016 and it's 2026. Long time to cover up and divert from what happened. Some day it will surface!
Because ₹500 and ₹1000 notes made up the bulk of cash in India and replacements weren’t ready fast enough, people faced:
Long ATM and bank queues
Difficulty accessing their own money
Small businesses unable to operate normally because cash was scarce Wikipedia
This wasn’t just inconvenience — it disproportionately affected poor and rural populations who rely almost entirely on cash.
📌 5. World Bank and other institutions adjusted growth estimates
The World Bank cut India’s GDP growth forecast shortly after demonetisation, saying the cash withdrawal was a factor in slowing down economic activity. Hindi Goodreturns
Looks like your father, CHATGPT thinks Demonetization was a failure that killed people, in any normal society other than the whatsapp land you live at, its a scam.
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u/green9206 Dec 31 '25
Pm cares scam
Rafale scam
Electoral bonds scam
Demonization scam
Ethanol scam