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10 Years Since Demonetisation: Cash Usage Unchanged, Fake Notes on the Rise

Summary by The Hindu
This Deepavali marks 10 years since Prime Minister Narendra Modi announced overnight demonetisation of 86% of the country’s cash. Data shows some stated aims of the move remain largely unmet

4 Articles

Scroll IndiaScroll India
Lean Left

Demonetisation: A disaster in 2016, a resounding failure 10 years on

The exercise achieved none of its objectives but had lasting consequences. Cash is still king and while UPI transactions surged, their value is low.

·Mumbai, India
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The HinduThe Hindu
Lean Left

10 years since demonetisation: Cash usage unchanged, fake notes on the rise

This Deepavali marks 10 years since Prime Minister Narendra Modi announced overnight demonetisation of 86% of the country’s cash. Data shows some stated aims of the move remain largely unmet

·Chennai, India
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madhyamam.commadhyamam.com

10 Years of Demonetization; Kerala From 'Q' to 'QR', 1.5 Crore UPI Transactions per Day | 10 Yeas of Demonetization

Thiruvananthapuram: Today marks the tenth anniversary of the dark memories of demonetization, which turned the economy and daily lives upside down. After being financially imprisoned,...

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MathrubhumiMathrubhumi

Demonetization: Will India Gain or Lose After 10 Years?

Today is the 10th anniversary of the demonetization announcement that shook India's economy. Prime Minister Narendra Modi announced the demonetization in an address to the nation at 8 pm on November 8, 2016. The demonetization was expected to have a positive impact on the economy.

·Kozhikode, India
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Mathrubhumi broke the news in Kozhikode, India on Saturday, November 7, 2026.
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