Demonetisation is really good or bad for the Indian Economy?

When we start an Economy fresh after demonetisation, many unaccountable money will get into the system. Unaccountable money will be accounted and tax income would increase. Counterfeit Money circulation in the system would be eliminated for a reasonable period of time. Fear of frequent recalling currency will surely dampen the Counterfeiters. It will push the country towards cashless economy. Going cashless means a good while economy and a reliable economy. Planning for the government is easy as everything comes under white economy.

The negative side is, immediately it will impact the real economy. It has already damaged the real and black Economy already. And also the cost involved and pain of the people are short term negatives of demonetisation.

Demonetisation is good for the economy in the long term but surely bad for the short term.