Chidambaram points out that only high-denomination... ... DEMONETISATION Valid Or Not? : Supreme Court Constitution Bench Hearing- LIVE UPDATES

Chidambaram points out that only high-denomination notes were demonetised in 1946 and 1978, which represented a very small proportion of the total currency in circulation, 11.5 % ('46) and 0.6% ('78).

"This is why there was no hue and cry."