Substack

Tuesday, November 15, 2016

Demonetisation and informality

I have an oped in Mint today with V Ananthanageswaran on the demonetisation and how it could be a good point to mobilise a campaign to shrink the informal economy. 

1 comment:

Mars said...

Hi Gulzar, what are the plans for micro financing? The informal economy acts as a big source for micro financing, I think. Or do you think the banks can handle this on their own?
Also will a temporary reduction of interest rates (say by 2% for 6 months) help boost economy?