Finance Minister Swarnim Wagle Rules Out Currency Demonetization Path

Key Points

• Finance Minister Swarnim Wagle stated the government will not pursue currency demonetization.
• The announcement was made in response to a social media plea against demonetization.
• The plea cited India's 2016 demonetization as a cautionary example causing economic damage.
• Wagle emphasized there are better ways to combat corruption than demonetization.