Prime Minister Narendra Modi on November 8, 2016, had announced that all Rs 500 and Rs 1000 notes, would no longer be recognized as legal tender. Nearly two years later, the central bank i.e RBI has given enough indication that demonetization was a failure. The opposition and economists have faulted the impact of the demonetization and alleged that it was carried out without preparation and further alleged that the unorganized sector was badly impacted and it has impacted the overall growth rate of the country. RBI Governor Urjit Patel is reportedly in a state of confusion and it is rumoured that he may resign. Watch big debate on this big news.