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Modi s demonetisation move gamble will set precedent media

Modi s demonetisation move gamble , will set precedent: media - News and Press Release - Dated:- 26-11-2016 - Beijing, Nov 26 (PTI) Terming Prime Minister Narendra Modi's demonetisation move as very bold , China's official media today said it was a gamble that would create a precedent irrespective of whether it succeeds or fails and China will draw lessons from its impact on corruption. Modi's move is very bold. We cannot imagine what would happen in China if the country bans its 50 .....

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new policy, the editorial said. As more than 90 per cent of transactions in India are made with cash, banning 85 per cent of the currency in circulation brings a lot of trouble to people's daily life sparking fierce criticism including from former Prime Minister Manmohan Singh who termed it as organised loot , it said. Demonetisation can crackdown on corruption and shadow economy but it is obviously unable to solve the deeper social and political issues that help breed the aforementioned pr .....

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