Demonetisation: The good, the bad or the ugly?

Depending upon which side of the political fence one sits, the time one has spent standing in the bank queues and the inconvenience that ensued, demonetisation could mean any of the above for you. But what remains undeniable is that it comes as an inflection point in India’s economic history. While the days following the demonetisation were marked by intense debate, the bulk of it was on the manner in which it was executed and the level of preparation in place to deal with the aftermath of November 8, 2016.

Cut to September 2016, where with the Income Disclosure Scheme, the