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About The Book
Description
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An exclusive and accessible study of how the black economy works in India with a detailed prologue on demonetization India's white economy is inextricably linked with its black economy. Where in 1991 the black economy constituted about 35 per cent of the national economy it had increased to 62 per cent by 2013. Both legal (industry services real estate the share market) and illegal (havala smuggling narcotics) activities as well as instances of corruption contributed to this situation. But the c