tag:blogger.com,1999:blog-33693245.post7805270234796636064..comments2024-03-04T23:40:58.133+05:30Comments on The Big Picture: Demonetisation won't by itself make a difference to black moneyThe Big Picturehttp://www.blogger.com/profile/06018983225756352176noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-33693245.post-33596999345419444312016-11-24T23:14:26.164+05:302016-11-24T23:14:26.164+05:30But Prof! you haven't pointed out on how this ...But Prof! you haven't pointed out on how this move can change our habit towards cashless transactions(behavioral) because once that picks up then some of the issues related to taxation could be addressed more effectively, although truly speaking even black money is a source of demand in one form or another and it remains to be seen how that demand actually shifts? Rahul Nehrahttps://www.blogger.com/profile/14319421432218514221noreply@blogger.comtag:blogger.com,1999:blog-33693245.post-71453775813619661592016-11-21T00:07:03.745+05:302016-11-21T00:07:03.745+05:30Nice insight sir! I am a young Chartered Accountan...Nice insight sir! I am a young Chartered Accountant and I have published my views on demonetisation and its impact on the banking sector on my blog. Hope you will enjoy reading it! The link is below :-<br /><br />http://theholisticnotion.blogspot.in/2016/11/demonetisation-and-impact-on-banking.html?m=1Anonymoushttps://www.blogger.com/profile/07800675102831920731noreply@blogger.comtag:blogger.com,1999:blog-33693245.post-32418499997385935342016-11-19T10:52:16.832+05:302016-11-19T10:52:16.832+05:30It's not clear that state funding will reduce ...It's not clear that state funding will reduce use of black money by political parties- it will simply add to the coffers of many. We need audited accounts of political parties and a ban on cash donations.<br /><br />TTRThe Big Picturehttps://www.blogger.com/profile/06018983225756352176noreply@blogger.comtag:blogger.com,1999:blog-33693245.post-20717585765111791872016-11-18T22:36:02.042+05:302016-11-18T22:36:02.042+05:30Thanks Prof! . You mentioned two points esp ... ca...Thanks Prof! . You mentioned two points esp ... cash hoarding and nexus between political-administrative and commercial systems. Cash hoarding is a primitive form but it is more of a circulatory nature...either in real estate or in rural hinterlands they double as money lenders (any person who has limited exposure to rural occupations will tell that). technically no hoarding but their money will be in circulation. They might definitely be hit considering momentary nature of demonet desc. ... <br />Similarly, should state funding be helpful in reducing the extent of black money .. though we are not sure of modalities?<br /><br />Deeps<br /><br />Anonymousnoreply@blogger.com