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With a view to discourage hoarding of cash and to solve the problem of black money, the Government of India initiated demonetisation of Indian economy by declaring that Rs. 500 and Rs. 1000 notes are no longer legal tender. This situation created a cash crunch and parents were not able to pay school fees of their children. Suggest some measures that the schools could adopt, so that this problem is solved and the education of the children is not hindered. |
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Answer» With a view to discourage hoarding of cash and to solve the problem of black money, the Government of India initiated demonetisation of Indian economy by declaring that Rs. 500 and Rs. 1000 notes are no longer legal tender. This situation created a cash crunch and parents were not able to pay school fees of their children. Suggest some measures that the schools could adopt, so that this problem is solved and the education of the children is not hindered. |
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