10 Jugaad Tactics for Remonetization in India

On November 8, the Indian Prime Minister, Narendra Modi, announced a surprise move to demonetize high-value currency notes. Demonetization was designed to strike a dagger into the heart of “black money” – unaccounted assets that rich businessmen, corrupt politicians and crime lords have accumulated through illegal means. Over the years, Indians have found innovative ways to beat the tax system and have collected trillions of rupees of black money…