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Kharagpur 721301
India
Scholars' Avenue
Kharagpur 721301
India
Boundary Road
Kharagpur 721301
India
Kharagpur 721301
India
Malancha Road
Kharagpur 721301
India
Malancha Road
Kharagpur 721301
India
Malancha Road
Kharagpur 721301
India
Malancha Road
Kharagpur 721301
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.