Members of the Air India team pose after winning the Guru Tej Bahadur Gold Cup hockey tournament in Mumbai last year

Prime Minister Narendra Modi's demonetisation drive has taken its toll on one of India's leading hockey teams - Air India. The prominent hockey outfit has decided against participating in the Mumbai Hockey Association Ltd-organised 51st All India Bombay Gold Cup tournament beginning at the MHAL-Mahindra Stadium from Monday (November 28) due to the new regulations, limiting the withdrawal of daily cash.