Send a Tweet
Most Popular Choices
Share on Facebook 1 Share on Twitter 1 Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
General News

India's Demonetization: No Impact on Black Money Despite Huge Costs It Imposed

Quicklink Submitted By   Follow Me on Twitter     Message Scott Baker     Permalink    (# of views)   1 comment

Related Topic(s): ; ; ; ; , Add Tags

Valuable 2   Must Read 1   Well Said 1  
View Ratings | Rate It

opednews.com Headlined to H3 9/3/17

Become a Fan
  (81 fans)
From flickr.com: From Cash To Digital: Has the rush to trash cash gone too far? {MID-157818}
From Cash To Digital: Has the rush to trash cash gone too far?
(Image by FamZoo)
  Permission   Details   DMCA

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She now spends much of her time in Asia and is currently working on a book about textile artisans.

The Reserve Bank of India (RBI) on Wednesday published its annual report, which assessed India’s demonetization policy, initiated last November.

India’s demonetization exercise was for naught, with the RBI reporting last week a scant 1% of banned notes not converted into new currency.

Read the rest of the story HERE:

At www.nakedcapitalism.com

 

- Advertisement -

Valuable 2   Must Read 1   Well Said 1  
View Ratings | Rate It

opednews.com

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of articles for (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles