<h1>Finance Minister Highlights Positive Impact of Remonetisation: Increased Tax Revenue, Banking Deposits, and Economic Growth Indicators.</h1> The Union Finance Minister discussed the impact of remonetisation, highlighting public support despite initial inconveniences. The Reserve Bank of India has ensured sufficient currency availability, with a significant portion of the old currency replaced. The banking system has seen increased deposits, enhancing lending capabilities. Direct tax revenue rose by 13.6% and indirect taxes by 26.2% as of November 30, 2016. Economic indicators such as Rabi crop sowing, life insurance, tourism, air traffic, and mutual fund inflows have improved. The minister emphasized that the remonetisation's critical phase has passed, with positive effects expected to continue.