Demonetisation was no rash call; we missed the many hints months earlier

It would not be incorrect to assume that the government had been toying with the idea of demonetisation from as early as February 2016

THE RISE OF GOLIATH: TWELVE DISRUPTIONS THAT CHANGED INDIA
Author: A K Bhattacharya
Publisher: Penguin Random House
Pages: 360
Price: Rs 699
 
Hours before the prime minister’s scheduled address to the nation on 8 November 2016, a high-level meeting took place at the prime minister’s office. When the government put out an advisory at around 7 pm that the prime minister would address the nation around 8 pm, speculation was rife about whether India was planning a second surgical strike or something similar had already been undertaken, or the prime minister would be making a bigger announcement concerning Pakistan.