Demonetisation done in consultation with RBI, subsequently affirmed by parliament: Central government to Supreme Court

The Union Finance Ministry's latest affidavit said that the move boosted digital payments as well an PAN, EPF and ESI enrollments, and a challenge to the same does not survive.
Demonetisation done in consultation with RBI, subsequently affirmed by parliament: Central government to Supreme Court

The Union Finance Ministry informed the Supreme Court that the 2016 move of banning the then currency notes of denomination ₹500 and ₹1000 was done in consultation with the Reserve Bank of India and subsequently ratified by Parliament [Vivek Narayan Sharma vs Union of India].

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