@article {article1105, title = {Demonetisation and the dream of a cashless society}, author = {Usha Thorat}, journal = {Foundation of The Billion Press}, date = 2016-11-11, year = 2016, url = https://www.thebillionpress.org/columns/economy/demonetisation-and-dream-cashless-society-1105, Abstract = {If 20 per cent of old notes do not return by March 2017 to RBI, the move would have impacted Rs 300,000 crore of black money in the form of cash. But the cycle can start again unless concerted measures are taken to address the problems of unaccounted money in property gold and forex transactions.} }