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Tags archives: kill-or-cure

Modi's money medicine: Kill or cure?

This week will be decisive for Prime Minister Narendra Modi’s audacious experiment in tackling tax evasion and corruption in India. Two weeks ago he gave the world’s seventh biggest economy four hours notice that he was going to cancel 86% of its cash – $220bn (£176bn) in total. But on Friday the Supreme Court warned that unless something changes – and quickly – there could be riots on the streets. […]