The decision to withdraw Rs 2000 notes from circulation has come as a shock to many. While some appreciate the shocking decision which was taken just 7 years after demonetisation. Others are hailing it for various reasons.
Former Chief Economic Advisor Dr Krishnamurthy Subramanian is one of those who have appreciated the decision. He recently said on Twitter that in most of the IT, ED raids ₹2000 notes are being recovered... suggesting that the 2000 denomination notes are primarily being used to hoard ill-gotten money.
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