Assembly results 2018: Yes, demonetisation is good in the long term

It is time the Opposition conceded that note ban has been good for it in the long term

Results for five assembly elections will be declared today and trends indicate that the BJP may draw a blank as far as majority in any state assembly is concerned. In the three Hindi heartland states where the BJP had been in power, the Congress looks to be on its way to power to Chhattisgarh and Rajasthan while the result in Madhya Pradesh is nothing short of a cliffhanger.

Even though the final result is some time away, we can look at the big takeaways from these trends.

In the long run, demonetisation was a good thing

When it was announced