Description
Buy The Big Reverse: How Demonetization Knocked India Out 2nd hand books online, Authored by Meera Sanyal, Harper business in hardcover binding from Used Book Store.
November 8 was a black swan event in Indian history.
Suddenly, 86% of the currency in circulation was demonetized, creating confusion, chaos, and untold misery for common Indians.
While the Modi government claimed that this was the panacea India needed to address many of its long-standing problems,
such as black money, corruption, tax evasion, and terrorist financing,
the following months proved otherwise.
The return of 99.7% of banned Rs 500 and Rs 1000 notes shows that RBI’s idea of dividend demonetization is just a mirage.
In the process, millions of informal sector livelihoods have been destroyed, causing great pain to farmers and traders and forcing many SMEs to close their businesses.
One of India’s most respected bankers Meera H. Sanyal is the most comprehensive analysis of policy, policy implementation, and gaps.
Big Reverse provides unprecedented insights backed by data, history, and research.
Thus answering the questions that still haunt Indians, namely the who, why, and how of demonetization.
About the Author
Meera Sanyal, one of India’s most respected bankers, resigned as managing director and chairman of RBS India in December 2013 to join the public service.
She joined the Aam Aadmi Party and is a member of the National Economic Policy Council.
Business & Economics
9789353023942 ISBN
Meera Sanyal Book Author
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