Govt Spending to Offset Withdrawn Black Money
Over the next 2 months the white cash availability in markets will improve and address the withdrawn white cash and related consumer demand from the markets. Some will move to plastic and electronic money.
However, the black money that has been withdrawn has to be replaced with public spending so people and businesses don't loose earnings.
We seek your inputs on what areas should the Government begin spending such that this impact is minimized. This is something that should begin now such that the impact of demonetisation to business is minimized.
We look forward to your inputs and will share the same at highest levels in Central Government so actions are taken. more
However, the black money that has been withdrawn has to be replaced with public spending so people and businesses don't loose earnings.
We seek your inputs on what areas should the Government begin spending such that this impact is minimized. This is something that should begin now such that the impact of demonetisation to business is minimized.
We look forward to your inputs and will share the same at highest levels in Central Government so actions are taken. more
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We are discussing a lot about the beggars. Can black money recovered be used partly to lift up the genuinely poorest of the poor? Or will some bureaucrats swallow the money meant for the beggars too? You never know, the corrupt people have no shame. more
Jan 24
So as on arriving at 30th Dec'2016, we see that whole currency have come onto the system. so no question of increasing public spending. Today the action point is that How Banks can lend this money judiciously that Over all economy goes up. more
Jan 23
Government should use such vast money for erecting capital assets, rather than going cheap by way of using it for various unproductive welfare schemes. Creation of capital assets would fuel manufacturing whereas welfare would induce inflation. more
Nov 30
Dear sir, The biggest problem now is the non availability of cash and loss of income for people. So, to rejuvenate the economy, we should make quantitative easing by providing more money available for spending by crediting each account with a fixed amount. more
Nov 30
