Letter to BS: Cascading effect of demonetisation on trade

The nation has not yet forgotten the horrors of demonisation announced by the government on November 8, 2016, which had a cascading affect on trade. More than 100 people died while standing in queues to get their own money. The problem of empty ATMs seems to have returned to haunt citizens in several parts of the country. After demonetisation the government repeatedly declared that the situation will improve shortly but now again the government and the Reserve Bank of India are in the damage control mode. They, however, insist there is enough currency in the system. If that version is