Braving cash crunch, Indians step into the new year, hoping that demonetisation will end the twin malaise of corruption and black money.
There seemed to be no end insight to India's cash woes.Long, snaking queues before bank branches and a very few functional ATMs across the country were only getting longer. The flow of replacement currency was dismal as the year and the deadline for depositing the scrapped Rs 500 and Rs 1,000 notes ended.
Several raids conducted by the Income Tax (I-T) Department across the country had unearthed over Rs 3,100 crore of unaccounted wealth, with the cash component making up about Rs 450 crore - a significant portion in new currency notes. Besides, over Rs 12.44 lakh crore of the total Rs 14.18 lakh crore of scrapped notes had already returned into the banking system as of December 10.
この記事は India Business Journal の January 2017 版に掲載されています。
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この記事は India Business Journal の January 2017 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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