Some assumptions before we start
1/n
2/n
3/n
a. Formalization of the economy (I am still not getting into political aspect of Demo)
b. Plugging the leakages and corruption
4/n
5/n
6/n
This coupled with the fact that RBI getting strict on provisioning meant more funds required for provisioning.
7/n
Now let's look at what the govt has done and how it has been focusing to improve the situation
8/n
9/n
10/n
11/n
12/n
13/n
There is no point blaming GST and Demonetization - it is akin to saying in an economy of thieves let everyone steal else everyone will die off.
14/n
15/n
16/n
And no I am not pushing the blame aside, Just seeing the problem for what it is [17/17 End]
The opportunity if for all of us to loose. I might soon do a thread on what each of govt steps would entail in terms of stocks/sectors
Those who work in treasury department know of it firsthand !!