Why is India going through a liquidity crisis? #BusinessTitBits
Money is extremely scarce at present in the Indian economy. Experts say that India is passing through its worst liquidity crisis, of the past five years. It is not that Indians are not earning/saving enough, or that there is a shortage of currency in circulation in the system, (it is in fact at a record high), but for those businesses that desperately need it, the money is missing. The question is why Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.