My Comment on an article "There are signs of another currency ban coming" published in the economictimes.com Dated 26/07/2017.
"If they are banning the "Two thousand Rupee" currency note in the coming days, it can be a great achievement. This will be a good step towards controlling the black money formation and speculative transactions in cash.
Even for the simple reason of curtailing the bigger cash transactions which are being done even now. I recommended it from the beginning itself to not bring these higher value notes of Rs2000 or Rs1000 in the market."
"If they are banning the "Two thousand Rupee" currency note in the coming days, it can be a great achievement. This will be a good step towards controlling the black money formation and speculative transactions in cash.
Even for the simple reason of curtailing the bigger cash transactions which are being done even now. I recommended it from the beginning itself to not bring these higher value notes of Rs2000 or Rs1000 in the market."
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