Sir — This refers to the editorial, “Note-worthy decision” (November 10). Demonetisation has solved only one half of the black money problem. The other half — generation of black money in respect of new currencies — still remains unattended.
Severe curbs on the use of cash must be introduced. A cap of Rs5,000 should be imposed on cash transactions. The use of cash for gold purchase must be addressed. There must be a control on real estate dealings too. Everyone talks about creation of a caste-less society but what is more important is the establishment of a cashless economy.