Tuesday, 13 December 2016

Solutions to Cash Crunch Post #Demonetization

Highly experienced Economist shares his views on alternate solutions to the worsening cash flow situation even one month after the #Demonetization move by the Prime Minister

CASH CRUNCH – SOLUTION

How to ensure that lines before banks disappear, noise of parliamentarians subside, subdued business activities grows fast and RBI / Banks & Govt. heave a sigh of relief?
The shameful acts if some of the bankers and corruption in the banking institutions, and inefficient, slow and unplanned distribution system of cash, have complicated the knots so much that it is necessary to think of solutions & solutions only, because roll back of demonetization is impossible after 35 days.