The reason why ATMs weren't calibrated before was to maintain secrecy. The liquidity will return to its normal levels by Dec 30, but the effects, very minor, will reflect on the GDP growth for 2 quarters.
Majority of ATMs have already been calibrated
Thanks, I am more interested in the Chinese model since it drives grassroots level innovation:china:
This is a model which we should adopt, tag me if you have any other information on this subject
These fears are being exaggerated, anyways come December 30 and I will personally inform you whether this scheme was a success or not, as a loyal party member of the BJP I always make a point to deliver constructive criticism
We are trying to move away from Physical currency altogether, just this week the government started a new web portal through which all government purchases be made. This will remove the human component in procurement of things boost competition, reduce corruption at the same time
Link to the...
INS Vikramaditya is already operational & when the IAC-1 is commissioned we will become the 2nd country in Asia, after Japan, to design, develop and build our own aircraft carrier.