Decimal Point Analytics, the Indian financial research company, has published an article as a part of their ‘Weekly Digest’ series wherein thorough analysis of Indian Govt.’s recent move on demonetizing high denomination currency notes is carried out. The article compares the recent Indian move with other similar demonetization initiatives taken worldwide in past in terms of cost of the move vis-à-vis effects on economy and the society.
Decimal Point’s weekly reports, covering a vast array of trending micro and macroeconomic factors, caters to investment managers by providing in-depth assessments for informed decision making.
This article tries to demystify some concerns regarding adverse effects on poor households & small businesses and criticism on implementation. Holistically looking, Decimal Point’s analysis finds more merits in this move as an ideal start to clean-up corruption and black-money and to the country’s long term economic and social development.
Read the full article here:
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