Demonetization by the government of India has been hailed as a bold but risky political move. People are worried about … More
Month: December 2016
Demonetization and avoiding taxes
It seems like there were rumors afoot about demonetization back in March 2016. Mr Ghosh the chief economist at State … More
“There may not be any black money”
http://indianexpress.com/article/business/banking-and-finance/demonetisations-rude-shock-there-may-not-be-any-black-money/ Either that or people are people and have successfully worked around the system. Indian “jugaad” is “corruption” – innovation … More