Formal and informal economy

Episode 39,   Oct 03, 2018, 08:31 AM

It was back in the year 2016 when the demonetization happened. But while this rigmarole of demonetisation happened, what also happened was the cash economy of the nation that deals completely in liquid money like the small businessmen, farmers and other small traders happened to be at the receiving end. What about the ones who have actually incurred losses instead of making profits? Mr. Sujit Nair, Managing Editor of HW News Network and Mr. Akhilesh Bhargava, Business Editor of Business and Finance share their takes on the matter.