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I salute the people for not questioning note ban's intention despite hardships: Mukhtar Abbas Naqvi to India TV

Here is what people feel about the decision and the changes they have seen following the decision.

Reported by: India TV Business Desk, New Delhi [ Updated: November 06, 2017 19:58 IST ]
One year of demonetisation: Has note ban yielded the
One year of demonetisation: Has note ban yielded the desired result | Watch LIVE debate

With the Opposition cornering the Narendra Modi government over note ban, Union Minister Mukhtar Abbas Naqvi answered a flurry of questions on India TV, clearing people's doubts over the government's move.  

It has been one year since Prime Minister Narendra Modi announced the demonetisation of Rs 1,000 and Rs 500 currency notes. In one swipe, the decision removed 86 per cent of the currency in circulation, and had people line up in long queues to exchange junked notes with new currency.

The Opposition, particularly the Congress, will be observing November 8 as 'Black Day'. Congress workers will wear black bands and stage protests all across the state on Wednesday to mark one year of demonetisation. 

The past year have seen reactions on both sides of the spectrum – while the decision has been widely criticised by all opposition parties, the government has stood by its decision and even reaped political dividend with decisive wins in Uttar Pradesh and Uttarakhand. 

One year down the line, the time is ripe to assess the impact of demonetisation.

Here is what people feel about the decision and the changes they have seen following the decision. 

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