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Thousands Protest Across India Against Currency Policy

Thousands protested across India on Monday against the government's decision to withdraw large-denomination currency from circulation.

An activist from the Communist Party of India shouts slogans during a protest against demonetization in New Delhi, India, on Nov. 28, 2016.

About three weeks ago, Prime Minister Narendra Modi announced that 500- and 1,000-rupee notes, worth about $7.50 and $15, would become worthless overnight and would be replaced by new currency in a bid to stamp out corruption and tax evasion.

 

PRAKASH SINGH / AFP - Getty Images

Members of the Congress Party shout slogans and carry an effigy of Prime Minister Narendra Modi during a protest against demonetization in Siliguri.

The Prime Minister's decision has caused enormous hardship to millions of people in the country's predominantly cash-based economy.

DIPTENDU DUTTA / AFP - Getty Images
Activists from the Trinamool Congress (TMC) political party burn an effigy of Prime Minster Narendra Modi during a rally in Kolkata. DIBYANGSHU SARKAR / AFP - Getty Images
A protester holds placards of banned 500 and 1000 rupee notes during a protest in Mumbai. INDRANIL MUKHERJEE / AFP - Getty Images
Members of the National Students Union of India (NSUI), student wing of India's main opposition Congress party, try to cross barricades during a protest in New Delhi. Tsering Topgyal / AP
Indian police stand guard as members of the Congress party protest in front of the Reserve Bank of India in Hyderabad. NOAH SEELAM / AFP - Getty Images
Activists from the Trinamool Congress (TMC) political party during a rally in Kolkata. DIBYANGSHU SARKAR / AFP - Getty Images