On November 8, 2016, when Prime Minister Narendra Modi announced demonetisation, a move that made around 80 per cent of the entire currency in circulation invalid instantly, it was touted as the most decisive step in the fight against black money, corruption, counterfeit notes, and terrorism.

But, what followed was unforeseen chaos, people lining up for hours on long queues in front of banks and ATMs to withdraw money and deposit their now invalid life savings.

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