It has now been reported by the Reserve bank authorities that about 99% of the cancelled high value notes have been received back. The claim of the central government was that black money will be caught and exposed. Where is the black money caught? All the money has come back and the people with black money has also got the new notes.
Demonetisation has been a torture of the people. More than 100 people have died standing in the queue for getting their own money from the ATMs. There has been many reports of certain political parties, especially the ruling BJP, having changed their notes of crores of rupees just one day before demonetisation. The government has in fact given chance to the corporates and big business to make their ill gotten wealth in to legal money.