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Kasargod-Kannur-Calicut Highway
Cheruthazham Panchayath 670503
India
Ezhilode-Chemballikundu Road
Cheruthazham Panchayath 670309
India
Ezhilode-Chemballikundu Road
Cheruthazham Panchayath 670309
India
Kasargod-Kannur-Calicut Highway
Cheruthazham Panchayath 670504
India
Kasargod-Kannur-Calicut Highway
Cheruthazham Panchayath 670504
India
In a dramatic and unforeseen move in November 2016, India annihilated two of its highest-denomination banknotes, effectively obliterating 86% of the nation’s currency in circulation overnight. This bold maneuver, dubbed Demonetisation, aimed to dismantle rampant corruption and siphon out hidden wealth. The immediate aftermath was a pandemonium of serpentine queues outside banks and ATMs, with critics decrying the policy for disproportionately afflicting the impoverished and crippling India's vast informal economy.