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How effective is concept of demonetization
Nobel laureate Jan Tinbergen verified that policy success requires that targets do not outnumber policy instruments. Since the demonetisation drive began, the narrative has subtly changed to digitization of payments and cashless economy. Both corruption and black money are flow concepts. Demonetisation has done nothing to the flow creation or source of corruption and black money. It only attacks one of the many ways of distortion in the economy rather than attacking at the roots of the problem.

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