Demonetisation broke Maoists’ backbone, exposed ‘urban Naxals’, says BJP think tank’s study

Demonetisation broke Maoists’ backbone, exposed ‘urban Naxals’, says BJP think tank’s study

Scroll.in / By Scroll Staff

The Narendra Modi government’s decision to demonetise Rs 500 and Rs 1,000 notes in November 2016 “broke the backbone of left-wing extremists”, said a report published by the Bharatiya Janata Party’s think tank, the Public Policy Research Centre. The study titled “Demonetisation: Impact on Combating Naxalism” was released on Wednesday. November 8 marks the second anniversary of the note ban exercise.
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