The perennial question about demonetisation is whether it helped to solve the conundrum of black economy, ostensibly, the first goal-post of the unprecedented move proclaimed by the government. The rhetoric of the government boasted to break new frontiers in economic transformation but nevertheless economic indicators released recently starkly expose such extravagant demagogue. Recent slowdown in economy indicates the demonetisation policy was poorly planned and badly executed by the government. Anticipatively the government articulates that much of the censure is tendentious judgement made on the basis of selective and inaccurate reports.…
Read MoreDemonetisation Drive: A colossal mismanagement
