Well, that didn’t take long.In the wake of India’s demonetization of the 500 and 1,000 rupee notes last November, I wrote an editorial (“Crisitunity in India’s Cash Crunch”) where I noted that one significant reason for the drastic move was the chance to rein in India’s sizable informal economy:

Source: Cashless Biometrics And India’s Demonetization Experiment » The Event Chronicle