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Nothing, except that they cannot make any big purchases (like land/gold or cash deposit) with the vast amount of bribe money they make. To think of this as a fi
by DesiLurker 10y ago
Nothing, except that they cannot make any big purchases (like land/gold or cash deposit) with the vast amount of bribe money they make. To think of this as a fix-all solution is misguided ( & for a good reason, pls see my other larger post). this is just peeling layers of the onion. Remember before this He introduced the eqv of ssn in india so that connects a human uniquely to a (large) transaction.
You'll notice the land prices will fall as a result of this move, its because a large chunk of land sale is all cash.