| |
|
 |
|
The
Truth About Demonetization*
|
|
|
Sep
1st 2017, Prabhat Patnaik
|
|
The
recent RBI report that shows that 99% of the demonetized
currency notes have been returned proves false the governments'
claim that the scheme, that shook the whole economy,
would cripple the black economy, an argument whose success
lay in the demonetized currency not coming back to the
system. Moreover, with re-monetization complete, there
has been no "flushing out" of black money
whatsoever.
*
This
article was originally published in The
Citizen:
August 31, 2017. |
|
|
|
|
|
Click below
to get Adobe® Acrobat®
Reader®, a free
software that lets you view and print Adobe Portable
Document Format (PDF) files.
|
|
|
|
|
