Exactly one month ago, on 8 November, Prime Minister
Narendra Modi announced a sudden policy change that abolished the usage of ₹500 and ₹1000 currency notes and declared that they would no longer be held valid as legal tender. This decision sent both India's economy and the citizens of the country in a tizzy. The sudden announcement was then followed by a poor implementation that left the citizens struggling to get their hands on new bills dealing with issues like limited stock of freshly-printed notes, daily account withdrawal restrictions, long queues at banks and empty
ATM machines. Enter
Vijay Shekhar Sharma, founder of India's biggest online payments company
Paytm. And Sharma wasted no time in promoting online and digital transactions through Paytm to people all over the country while helping the country deal with the sudden cash crunch.
And here’s how the month post govt's
demonetization move went on for Paytm
