Globally acclaimed French economist Guy Sorman has described demonetisation as a "successful political coup", although it failed to meet the objective of weeding out corruption for which more steps are needed.

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"Demonetisation was a successful political coup which was heavily applauded by a majority of the Indian people. The government showed it was serious about corruption," Sorman told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)