It is not surprising at all that a country of corrupt, by the corrupt, for the corrupt should feel the pinch of currency scarcity though no body stole it / robbed it. They know how to transport trunks of it to Gulf, like a commodity for trade at a discount or at a premium depending on new or demo-notes. Industries which are running on black-money fully or partly and the scoundrels supporting such are suddenly afflicted with paralysis for a period of 2 months, with future uncertain. Thus their business confidence has been dented temporarily.
Re: India's business confidence index slips to 4-quarter low of
by chanakya maurya on Jan 31, 2017 08:25 PM
its the credibility of the governance t5hat builds business confidence.
With an abra ka dabra governance the confidence becomes a rare commodity.
How can business flourish in such an environment ?
