Meghwal sir does SWOT-of-demonetisation ‘class’; says interest and tax rates will move south

29 November, 2016


With his characteristic wit, Minister of state for finance and corporate affairs – Arjun Ram Meghwal turned a corporate event into a management class. In the session, the minister engaged the corporate leaders in SWOT analysis of the demonetisation drive. The audience joined the minister in analysing demonetisation enthusiastically. With inputs from the audience the minister referred to decreased violence in the Jammu and Kashmir valley, and the release of idle currency in the economy, as some the positive fallouts. The greatest strength would be to give Indian corporates a level playing field with competitive interest rates.