written by Praveen Chakravarty. added over 1 year ago by @icyflame ARCHIVES

demonetisation manmohan-singh india government finance    

We are a nation of small and medium enterprises. There are certain characteristics inherent in these small and medium businesses. They tend to be less organised, more informal and use cash as the primary mode of transaction. The underlying economic policy objective in our country should be to find ways to help these small businesses become larger which will then help us reap the efficiencies of scale economies. But we need to be able to achieve these objectives without any disruption to these small enterprises in their current form.

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