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Category: Demonetisation

An opportunity for political opposition of #demonetisation

rbi-circular-notes-exchange

Political parties in India are not required to account for small cash donations. This has been used to do much evil in India. Political parties should consider exchanging the troublesome notes for citizens as donations received and returned (for whatever reason, including “demonetisation”) and get the notes exchanged in bulk at the RBI (or deposited into …

Demonetisation compilation: some areas of impact of demonetisation

What follows is a compilation of excerpts from various articles describing the impact of demonetisation. Demonetisation effect: Cash crunch hits transport business hard The demonetisation exercise has put the trucking business, one of the largest unorganised, cash-based sectors in the country, in great difficulty. Operators say their truck transport business has been badly hit by …