how do demonetization of currency affect black money for a country ?

Mumbai, India
November 16, 2016 9:15am CST
Guys I feel Demonetization of currency may take on the bunch of corrupt people, but i still wonder how far the effect will last !
2 people like this
2 responses
vaishnavi :)
@vaishu0106 (968)
•
17 Nov 16
yes it does.... many cases have come out and many black money holders are in limlight now in india
Akshay Palav
@akshay91 (41)
• Mumbai, India
17 Nov 16
True Shri Modi has made them sweat out here...but isnt there common people sweating out there...no doubt fake currency will come out but again its not the fake note creator who will suffer...its the common man who holds these notes will !!
Yadah
@Yadah04 (3363)
• Philippines
17 Nov 16
i am not entirely knowledgeable about black money. but when it comes to money, i am sure people are affected, in one way or another.