Demonetisation
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India Stack: The Art of Digital Alchemy
The author presents India Stack, the country’s digital identity and payments infrastructure, as quite possibly the most advanced and successful fintech stack anywhere, and traces how digital payments and Direct…
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Demonetisation will lead to DeModisation-
Citing estimates of demonetisation’s cost, the author says that despite admiring Modi he is upset that it hit the middle class while oligarchs and their lavish excess were untouched, and…
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Amartya Sen calls demonetisation despotic
X.T.M cites Amartya Sen’s attack on demonetisation, calling it a tax on the upper middle classes that India’s ultra-rich could avoid. He sees an oligarchic elite that adapts to every…
