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In: Economics

When the Prime Minister of India (Narenda Modi) was elected several years ago, he wanted to...

When the Prime Minister of India (Narenda Modi) was elected several years ago, he wanted to fight the corruption that existed all over the country. In response, Mr. Modi made a surprise decision to eliminate the 500 and 1,000 rupee notes. Why did he do this? Discus what happened after that fateful decision, considering the people, the economy, and the payments system.

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