India's 2016 Demonetization: A Look at its Failures

Imagine the government said some money was no good to stop bad guys from using it, and to get people using cards instead of cash.

They took away some big money bills in 2016.

But it didn't really work as planned.

Most of the old money went back into the banks.

Plus, the government's plan had some problems, and some of the main goals weren't achieved.

Even the group that checks how the government spends money decided not to look closely at this issue, which is strange because it was a big change.