Arun Kumar, Eminent Economist in conversation with Chahat Jain of BWBusinessworld says demonetisation has not affected black money at all because black income generation has not affected and black income less than 0.1% is coming out, so this is the not step how you can tackle down the black economy.
“Black economy is a political question and unless the political will exists in the country, black money issue will not be resolved”, he said.