Despite withdrawal of Rs 2,000 notes, cash in circulation more than doubles since FY17 – Times of India
The amount of cash circulating in the economy has seen a significant increase since the financial year 2016-17, which marked the demonetisation and the introduction of UPI. Despite the phasing out of Rs 2000 notes, the currency in circulation has risen from Rs 13.35 lakh crore in March 2017 to Rs 35.15 lakh crore by…