Data#DemonetizationDay Greetings!
Plugging 2 data driven articles written within weeks of demonetization.
The first predicting that very little black money will be recovered using the scheme. http://data.dyumnin.com/analysis/India/demonetisation.html
The second analysing the banking sector and it's ability to handle cashless economy and demonetization. http://data.dyumnin.com/analysis/India/Banks.html
Will demonetisation succeed? at what cost? what do the numbers say?
While the PM's decision on demonetisation is a very bold one, one also needs to question whether it is a wise decision. Since the decision was taken to curb black money, we would have expected some estimate of the amount of black money that will be caught by this move. Since there is not official estimate available, we take a look at the various public datasets and estimate the amount of black money that can be caught using this method.
Mubarak H Sheikh
INDIAN LIBERTY REPORT