The demonetisation of ₹500 and ₹1000 banknotes was a step taken by the Government of India on 8 November 2016, ceasing the usage of all ₹500 and ₹1000 banknotes of the Mahatma Gandhi Series as a form of legal tender in India from 9 November 2016.
The announcement was made by the Prime Minister of India Narendra Modi in an unscheduled live televised address to the nation at 20:15 Indian Standard Time (IST) the same day. In the announcement, Modi declared circulation of all ₹500 and ₹1000 banknotes of the Mahatma Gandhi Series as invalid and announced the issuance of new ₹500 and ₹2000 banknotes of the Mahatma Gandhi New Series in exchange for the old banknotes. https://en.wikipedia.org/wiki/Indian_500_and_1000_rupee_note_demonetisation
India obtained its independence from British rule on August 15, 1947 at 0:00 hrs. A chart drawn for this data at Delhi is considered the mundane horoscope of India. Shown here is current solar return for India. Of interest here is the Uranus-Eris conjunction on the IC. In his essay Disclosure & Discovery, New Frontiers in Consciousness,  Nick Fiorenza writes:
Uranus, the radical and revolutionary great awakener, joins forces with Eris in mid-2016, starting an unprecedented and prominent planetary configuration that will add a revelatory lightning stimulus to our already cathartically transformative year.
Eris opens our eyes to expose a greater reality, a truth often deliberately kept hidden by dark secrets, or merely by naive assumptions we make about reality that we uphold and reinforce with a lexicon that merely describes that which we do not know. Progressive Uranus stimulates lightning-like radical change that breaks us from the conforming bounds of the established order, awakening higher mind and inspiring new discoveries. Uranus-Eris conjunction opposite Haumea may create a quickening of disruptive events that challenge us to recreate how we participate in life in ways that are attuned to a greater reality being exposed before our eyes.
Eris' passage through Cetus and conjoining Baten Kaitos and the stars expressing through late sidereal Pisces exposes the ruling oligarchies' designs to subjugate and exploit humanity through the manipulation of the monetary system, and the use of psychological propaganda through mainstream media to engineer social agendas. Eris works to open humanity's eyes, to expose what we do not see, to awaken us from our acquiescent slumber in the belly of ole' Cetus.
How the Uranus-Eris synthesis will express we can only speculate. I suspect we may see an acceleration of radically disruptive events that will challenge our world view and what we value, perhaps a rude awakening, but events that will eventually lead us into a far more progressive, altruistic and realistic modality of participating on Earth.
If we now progress the return chart to November 8, the date of the PM’s announcement, notice that the progressed Ascendant reaches a conjunction to Uranus-Eris thereby triggering it.
Also the current Capricorn ingress chart progressed to the same date carries Uranus-Eris on the IC, implying very much the same thing discussed above.