2000 rupee notes to go?
S. Gurumurthy, political and economic commentator says that 2000 rupee notes have to be phased out so that high denomination notes don't roam. Maybe that should be the next step. With hundreds of crores of the new 2000 rupee notes finding their way into the black economy, the only way to kill them seems to be demonetising them with no option for exchange or deposit. Corruption and black money will come back but maybe it will take about ten years to build the parallel economy.