Let's stop making cash the villain

A New Year resolution for our policy-makers

As we step into 2020 and battle for new ideas on how to grow our economy and create jobs, it is probably time to find inspiration in this piece of advice given nearly a hundred years ago by French writer/philosopher Marcel Proust: “The real voyage of discovery consists not in seeking new landscapes, but in having new eyes.”
 
This line of thinking may be useful in redefining the role of cash in India’s economy. Indian policy-makers and politicians seem to agree that the main villain that stands between India and a super-high growth economy with abundant tax revenue and