Demonetisation will serve India well
Description
The lack of planning and short-term dislocations cannot, however, be wished away Prime Minister Narendra Modi has announced demonetisation of high denomination currency keeping in view the manifesto of the party to fight corruption and respecting the sentiments of voters. Despite the pain which people are facing in the exercise, generally the scheme has been hailed by Indians across the spectrum. The sentiments are positive and encouraging. Read more at: https://www.thehindubusinessline.com/opinion/demonetisation-will-serve-india-well/article9382602.ece#:~:text=The%20economic%20implications%20of%20demonetisation,various%20global%20indices%20of%20corruption.
Copyright Date
November 2016
Publication Date
24-11-2016
Publication Title
The Hindu Business Line
Publisher
THG Publishing Pvt. Ltd.
Keywords
Demonetization, Economic growth, Economic development
Source Link URL
https://www.thehindubusinessline.com/opinion/demonetisation-will-serve-india-well/article9382602.ece#:~:text=The%20economic%20implications%20of%20demonetisation,various%20global%20indices%20of%20corruption.