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Re:India demonetisation fails to purge black money by harigov on Thursday August 31, 2017 @01:49PM (#15142227)
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.
Re:India demonetisation fails to purge black money by tryingagainbro on Thursday August 31, 2017 @03:49PM (#15143299)
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.
Re:India demonetisation fails to purge black money by virtuabhi on Thursday August 31, 2017 @05:15PM (#15143998)
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