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May 30, 2023

Big Supreme Court Verdict On Centre’s Note Ban Decision Shortly: 10 Facts

The centre said the demonetisation was a “well-considered” decision and part of a larger strategy to combat the menace of fake money, terror financing, black money and tax evasion.

New Delhi: The Supreme Court is likely to give its verdict today on petitions challenging the centre’s decision of November 2016 to ban ₹ 1,000 and ₹ 500 currency notes. ₹ 10 lakh crore was wiped out of circulation overnight because of the move.

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