A major advantage of termination is that it helped the govt. track black cash.
A major reason behind termination was that a giant a part of black cash was being employed for funding act of terrorism, gambling, in inflating the value of major assets categories like realty, gold, and different social evils.
Another profit is that thanks to folks revealing their financial gain by depositing cash in their bank accounts government gets sensible|an honest|a decent} quantity of government income which may be utilized by the govt. towards the betterment of society by providing good infrastructure, hospitals, academic establishments, roads and plenty of facilities for poor and poor sections of society.
The biggest disadvantage of termination has been the chaos and mania it created among people at the start.
Another disadvantage is that destruction of previous currency units and printing of recent currency units involve prices that got to be borne by the govt.
Another drawback is that this move was targeted towards black cash however many folks UN agency had not unbroken money as their black cash and turned or used that cash in different quality categories like realty, gold so on weren't full of termination.
Advantage was to RSS/BJP prime leaders, UN agency knew concerning ending beforehand and reborn their black cash beforehand or perhaps when the announcement, as they'd link with the bankers!
Big capitalists and financiers, too, were helpful of liquidity “created” from the skinny air.
Losers, as usual, were the folks, tiny and medium level money holders, in whom we tend to saw the disadvantage.
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