No formal government program or agenda has been so socially malignant for India as the 2016 demonetization, both in the intent and manner in which the policy was deployed and in its impact on the working poor. While the forced sterilizations (nas bandi) of the mid-1970s were met with widespread subversion and eventually led to the fall of the Indira Gandhi government, the recent round of notebandi (literally, note ban) or demonetization was met by mass acquiescence.