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Showing posts from 2016

We बेईमान Indians

                                  We बेईमान Indians Since the demonetization announced on 8 th of November, 2016 by Prime Minister Modi; I have been hearing lot of stories; some of them are absolutely true and painful. Prominent among these are the loss of jobs in small scale industries which has affected laborers. The excuse given by owners of such kind of industries is that they don’t have cash to pay them. Now it sounds Absurd; why cash only? Yes, you are hearing it right. It has been ‘Tradition” in Indian “system” to do transaction in cash only. CHO CHWEET of them.  Now comes the trivia; Do you know 74 % of our economy is in cash? Yes, this is true. Now lacuna behind isn’t difficult to understand. Some of us sometimes argue that if major part of our economy is in cash then why so India is among the fastest growing economies in the world Because Cash transactions are the major source of...