Two Years after Demonetisation, the Nightmare Continues for India’s Informal Economy

The note-ban was a foolish attempt to tackle the black economy and a policy-induced self goal by the Narendra Modi government. The response to its fall-out is more authoritarianism. Demonetisation is like a bad dream etched in our memories. Weddings were postponed and medical treatment was curtailed for lack of money. Long queues formed outside banks. Small businesses closed due[Read More...]

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