How to bring in economic reforms in a politicized economy.
Many of us became economists after the #demonetization move and thought of trying to put up my economic thoughts to the ones, who, for sheer personal or business interest, have been negating the long term impact of such a game changing move, which has economic reform at the root. Which to me, would be a killing career move for a political leader like Modi; that too at a time when the economy was growing; and had a potential risk of stalling a running vehicle called India. At a time when political and economic stakes are high, even a naive mind like me would not even think about that, leave apart taking that decision to implement. 35 days impact on Indian economy: RBI says about 4.6 lakh rupees worth of new currency notes issued so far. Over 12 lakh rupees worth of old currency notes deposited to various banks Inflation has gone to the lowest level i.e. 3.6% in November 2016 Inflation CPI, 2016 data There is a lot of air around real estate, services secto...