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Episode 67 - Demystifying Rs 2000 note withdrawal, TCS, LRS & managing finance with Monika Halan

ANI Podcast with Smita Prakash

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The Fate of the 2000 Rupee Note

There is a lot of cash in the system. In the system, I mean there's also been every election, there is distribution of cash. So unfortunately the needle is pointing there because otherwise you didn't need this 30th September deadline. That's what I'm saying. They've not thought this through. The minute you put a sudden death on 30th September you are raising the heckles of everyone. Had they just said we will slowly phase it out. It makes me think was to suck out the cash ahead of several important events which are ahead in the next 18 months. You have a free hand in whenever you want, as and when your bank says 'no' What should people

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