The dip in economic activity due to note ban is likely to be for a year, but the benefits, higher tax revenue and greater probity, could be sustainable Business Standard, 2 months ago
'The government's principal aim should be to reduce the volume of cash transactions.''That would bring more of the Indian economy within the purview of taxation.''The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,' says Jaimini Bhagwati. In Homer's Odyssey, the principal protagonist Odysseus had to navigate between a six-headed man-eating cliff-dwelling monster Scylla and a dangerous whirlpool Charybdis. According to the legend, Odysseus ...Rediff.com, 2 months ago
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