World in Progress: India: Demonetization and the elections
| 07:34 mins.
State elections have kicked off in India amid the cash crisis caused by the BJP's controversial demonetization policy. Four months ago, all 500 and 1,000 rupee bills - almost 86 percent of cash in circulation - ceased to be legal tender. The objective was to combat tax cheating, illegal cash flows and corruption. But it's also hit India's rural poor who have little access to banks.