[paapi__gudiya]

Road-side merchants live hand-to-mouth and would anyways not contribute to tax because their incomes are so low.

Every study out there suggests that demonetisation was a big blunder, causing a very severe blow to the Indian economy, including the death of 150+ civilians.

The real motive for demonetisation was to legitimize the black money of the ruling party BJP and eliminate black money of opposition parties.

[harigov]

If they start using banks and digital payments, one can build credit score and issue loans to them, so they can develop their business. That is not possible today.

[tryingagainbro]

Loans for what? Some people in many fields should NOT get a loan. It will make matter worse...broke and indebted to a bank. Not everyone is gonna make a $1 million a year.

[virtuabhi]

Women from rural areas can start a small business with a loan of 1-5 lakhs INR (~10k $). You should read more. Here is one recommendation http://a.co/fAC8YSQ

[sabujp]

This, there's so much corruption its ridiculous.