Indian Prime Minister Narendra Modi says the move is designed to bring billions of dollars' worth of cash in unaccounted wealth into the mainstream economy.
The surprise move is being described as the boldest attempt yet to tackle tax evasion of any Indian government in history. Here are extracts from conversations with Dr. A.C. Vaid (an economist) and Yadwinder Karfew (a journalist), who tell us more about the demonetisation of Rs 500/1000 notses
