Wed, Nov 08, 2017
November 08,2017, comes as a very special day for PM Narendra Modi and his government has it marks the one year anniversary of their biggest reform "Demonetisation" or commonly known as notebandi.
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About 6,857.82 million notes of Rs 1000 and 17,165.06 million notes of Rs 500 valuing separately Rs 685,782 crore and Rs 858,253 crore respectively were scrapped
On November 08, 2016, Modi scrapped high denomination notes namely Rs 500 and Rs 1000 - accounting 86% of India's currency. This event has been a hot topic since then across the country.
Tue, Nov 07, 2017
In an overall analysis, Jaitley mentioned that it would not be wrong to say India has moved on to a much cleaner, transparent and honest financial system post demonetisation.
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![1-year of Demonetisation: This move became "ache din" for mutual funds industry and Indian markets](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/11/08/25168-narendra-modi-ians.JPG?itok=V6jL7GjF&c=969935bdef84acb71467cd92a9d3aa8e "1-year of Demonetisation: This move became "ache din" for mutual funds industry and Indian markets")
