Here are some dashboard points that I expect after the clean up of  the old currency  what we can expect on the Indian economic scenario :

A huge amount of around 15-20 lakhs crore of black money would be identifiedblog

We will see a bump of 8 to 10% in deposit with banks

Out of the money identified 15 to 20 lakh would be withdrawn over a period of two to three months

Substantial amount of money around 2.5 to 3.5 lakh cr would still remain in system

There would be a wealth destruction of around 3-4 lakhs crores

30% of money will not reach back to RBI

Next 2 to 3 months property prices and land prices can drop till 30 to 35%

Since there is a surge of deposit huge demand for Govt bonds would be there Continue reading

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