Ft News

Earlier this month, Narendra Modi, India’s prime minister, declared 86 per cent of the country’s bank notes invalid in a measure aimed at curbing the country’s black market. But the immediate effect was to slam the brakes on the economy. Jonathan Wheatley discusses the longer term consequences with Kiran Stacey, FT correspondent in New Delhi.  See acast.com/privacy for privacy and opt-out information.