DEMONETISATION
A RECAP

Prime Minister Narendra Modi in a surprise address on November 8, 2016...

...announced the demonetisation of Rs 500 and Rs 1,000 notes.

These notes were to be exchanged at the bank.

Long queues were seen outside banks.

Many also suffered... 

The official decision was challenged in the court of law.

Now on January 2, 2023, the Supreme Court has termed it valid. 

Only 1 judge, BV Nagarathna, went against this verdict whereas 4 judges favoured it.

India is still debating whether demonetisation was good for the country. 

But it definitely made this man famous- a meme.