india cash crunch

Stranded Trucks, Unpaid Workers: India Inc Counts Cost of Cash Crunch

By Suvashree Choudhury and Rajesh Kumar Singh MUMBAI/NEW DELHI, Nov 21 – Like millions of Indians fed up with corruption and counterfeiting, Vimal Somani cheered Prime Minister Narendra Modi’s shock move to replace all high-value banknotes. Two weeks on, his business is being hammered by the ensuing cash crunch. Sales at Somani’s aluminium foil maker,

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