November 24, 2016
DISCUSSION HOUR: DEMONETIZATION
![](https://leggerhythms.org/wp-content/uploads/2016/11/demonetization-150x150.jpg)
The demonetisation of ₹500 and ₹1000 banknotes was a step taken by the Government of India on 8 November 2016, ceasing the usage of all ₹500 and ₹1000 banknotes of the Mahatma Gandhi Series as a form of legal tender in India from 9 November 2016.[1] The announcement was made by the Prime Minister of India