Publication
6 Dec 2016
This paper focuses on India’s November 2016 move to no longer accept the 500 and 1000 rupee notes as legal tender and its possible consequences. While it’s likely that the country will take a short-term economic hit because of this decision, a number of anti-corruption benefits could accrue over the long-term. The paper ends by discussing what actions the Indian government could also take to improve taxation in the country.
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English (PDF, 9 pages, 433 KB) |
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Author | Vinod Rai |
Series | ISAS Insights |
Issue | 370 |
Publisher | Institute of South Asian Studies (ISAS) |
Copyright | © 2016 National University of Singapore |