September 01, 2017

RBI Data Reveals Demonetisation was the Epitome of Whimsical, Illogical Policymaking

Senior Fellow, Praveen Chakravarty, analyses the three problems (counterfeiting, terrorist financing and black money) meant to be solved through demonetisation when the government banned the notes of Rs 500 and Rs 1,000 October of last year, in this ThePrint article.

 

"All the objectives for the demonetisation exercise as elucidated by the government are perfectly valid and noble goals to pursue. Except that demonetisation was absolutely the wrong means to achieve those goals."

 

Read the full article here.

Topic : State Capacity / In : OP-EDS
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