Post demonetisation there is no or less cash, which means less buying. Less buying means less selling. Less selling means less producing. Less producing means more sacking
So far this whole demonetisation thing has been like a combination of two fables: Rashomon and The Six Blind Men of Hindostan. In Rashomon, a 1950 film by Akira Kurosawa, there are different versions of reality depending upon the narrator. In the other story, as they go round it blindfolded, no one can tell what the animal is. Annoyingly, however, everyone is right for about three seconds. This allows them to cry victory and run, which only causes confusion. What Captain N D Modi, a la Captain M S Dhoni, has done is to lift the ball over mid-on: It is high ...
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