Why did the Indian government ban Rs. 500 and Rs. 1000 currency?
Indian government demonetized Rs 500 and 1000 notes but replaced them with 500 and 2000 note. Isn't this contradicting?
Why can't the Indian government print as many currency notes it wishes and clear the fiscal deficit? For that matter why can't any country in the world do the same? How much does it cost to make a 2000 rupees note to Indian government? Why is the one rupee-note printed by the government of India and other denominations by RBI? Why is Indian government charging this much income tax? What is the purpose of issuing 2000 Rs note, if the main reason behind it was to stop cross boarder illegal money supply? I heard a rumor that the new Rs 2000 note is going to be revoked again next year, How much of that is true? Why does the Indian government not provide welfare schemes and unemployment benefits for the Indian poor? Yesterday IT department seized new notes worth rs 4 crore, when limit is just 2500 rs per day, how can this happen? Where is the failure happening?