Finance Minister Arun Jaitley has called November 8, 2016, the day when the BJP government banned the existing currency notes and replaced them with new ones a ?watershed moment in the history of Indian economy?.

Demonetisation: 'November 8 watershed moment in history of Indian economy', says Arun Jaitley

The poll was taken on Oct. 12-24, closing just before India announced a $32.43 billion plan to recapitalise state banks, a bid to tackle a major drag on the economy.

Cash ban, GST disruptions to pull down India's GDP growth: Poll

Long queues were seen outside banks across the country as many ATMs remain non-functional on the first pay day since demonetisation

Demonetisation: Banks see big rush on pay day, many ATMs still dry

Bar regulars in Kolkata are showering crooners with old currency notes, or are made to use all notes exchanged by the bar owners

Demonetisation: Old currency notes still dominating bars in eastern India

The court said it will examine both the constitutional validity of the move and the inconvenience caused to the people

Demonetisation: Supreme Court to hear petitions challenging move on December 2

It said the shortage will continue even if all four of the country's mints work at optimum capacity

Demonetisation: Cash shortage to continue for 4 to 5 months, says bank employees' body

The government permitted various exemptions for certain transactions where payment could be made through old 500 rupees notes

Demonetisation: Government extends exemptions on use of old Rs 500 note till December 15

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