IT WAS BOUND TO COME WITH THE INTRODUCTION OF RUPEES 2000/- CURRENCIES AND SCRAPPING THE CIRCULATION OF 1000/- CURRENCIES(DUE TO SUDDEN DEMONETIZATION DONE IN 2016).NOW,THE HIGH VALUES CURRENCIES AGAIN GOES BACK TO HOARDERS.INDIA IS A BIG COUNTRY AND CASHLESS ECONOMY IS BEYOND OUR DREAM.NORWAY HAS PLANNED( TO BECOME VERY FIRST COUNTRY IN THE WORLD TOWARDS CASHLESS ECONOMY) IN 1967 AND AIMED TO BE COMPLETED BY 2030.IN INDIA SYSTEM CAN NOT RUN WITHOUT CASH FLOW AS 61 % POPULATION RESIDES IN VILLAGE OR SMALLER TOWNS WHERE NO ONE TALKS OF CREDIT CARDS OR NET BANKING OR SWIPE PAYMENT.WHAT INDIA NEEDS IS SMOOTH CASH FLOW ON REGULAR BASIS OF LOW VALUE CURRENCIES OF 10/-,20/-30/- 40/-,50/- AND 100/- ONLY.
Re: CASH SHORTAGE
by Sudheer Godgeri on Apr 23, 2018 04:09 AM
True, but at least educated persons in villages can switch to digital cash( credit,debit,online tractions) as they would be the real benficiaries of digital ecomomy: ultimately power to the people.
Investment Bankers were BIGGEST black marketeers prior to DeMo. In a typical IB transaction when these guys take a company through the process of listing, millions of dollars exchange hands. In India this is mainly through CASH.
So Investment bankers are number one THUGS when it comes to Finance sector in India. The cash is unaccounted for and these are the first ones to get the pinch when cash flow is stymied.
Irony of this web site is, it picks up people whose illegal dhandha is closed because of DeMo and Investment bankers are the front runners of these black money rackets whose dhandha was closed down post DeMo.
Every one who criticize and cry about DeMo were once upon a time scamsters who transacted mainly through cash - Investment banking is one such area where whose BLACK MONEY used to get changed hands.
Coercive attempt ?
This Banker guy knows how much cash the RBI is producing ? Or is he an affected party post DeMo.
Hole in the wall and it's contributors are of the same quality. This sh^t does not merit even first reading.
Investment Bankers were BIGGEST black marketeers prior to DeMo. In a typical IB transaction when these guys take a company through the process of listing, millions of dollars exchange hands. In India this is mainly through CASH.
So Investment bankers are number one THUGS when it comes to Finance sector in India. The cash is unaccounted for and these are the first ones to get the pinch when cash flow is stymied.
Irony of this web site is, it picks up people whose illegal dhandha is closed because of DeMo and Investment bankers are the front runners of these black money rackets whose dhandha was closed down post DeMo.
Every one who criticize and cry about DeMo were once upon a time scamsters who transacted mainly through cash - Investment banking is one such area where whose BLACK MONEY used to get changed hands.
Coercive attempt ?
This Banker guy knows how much cash the RBI is producing ? Or is he an affected party post DeMo.
Hole in the wall and it's contributors are of the same quality. This sh^t does not merit even first reading.
