Arundhati Bhattacharya
Businesswoman India 1956–present
74 quotes in the archive
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Our huge infrastructure that we need for keeping cash is very expensive.
Cash is not cheap. The physical infrastructure is not easy to maintain and cheap.
Those who claim that they need cash because they are unable to pay labourers are those who are not paying minimum wages.
If you start from the farm sector, we need much better investments and capital creation on land. We need logistics support; we need cold chain and processing capability. We need proper pricing at various stages to ensure that the producers are not left out in the value-chain.
Cash imposes a huge burden. We don't understand it, as it is not immediately visible. It is a huge burden on society.
The capping of cash transactions will help the banks reduce cash intensity.
Banning cash transactions over R3 lakh will allow banks to diversify their banking activities into new areas and not mundane ones.
Brexit is actually a step back in the sense that you are going back from being connected to being on your own.
If you are really challenged, and if you are willing to take the plunge, very often some of the path opens up in front of you.
Indian Prime Minister Narendra Modi turned the narrative around on demonetisation very quickly by promoting the move as one way of ending systemic corruption in the country.