New 2000 Rupee Note Necessary

'Government Is Not Stupid': Economist Bibek Debroy On Notes Ban

For those who say that the new Rs 2,000 note will fail at making it harder to hoard black or undeclared money, economist Bibek Debroy has a short answer: "Don't assume the government is stupid." He also has another health warning: "Do not assume that Indians are stupid. They will figure out ways of circumventing it (the new rules on notes), and wha...