Tag: Demonetisation

Demonetisation - A Political Success

Demonetisation – A Political Success

Everyone has been going round and round in circles, quoting one economist or the other to either prove demonetisation was a success or a monumental failure. Many of us do not realize that we do not need any economist to prove whether demonetisation was a goalpost changing disaster or a[Read More…]

Demonetisation hit GDP by 2% points says a brief by leading economist Gita Gopinath

Demonetisation hit GDP by 2% points, says a research paper by leading economist Gita Gopinath

In a research paper co-authored by her, leading economist Gita Gopinath says that the Indian government’s decision of demonetisation affected the country’s economic growth by at least 2% points in the Q4(October-December) of 2016. The paper titled, Cash And The Economy: Evidence From India’s Demonetisation later talks about the severe implications[Read More…]

Demonetisation anniversary: Congress tears into Modi

New Delhi: Ridiculing Prime Minister Narendra Modi’s “knowledge of economics”, the Congress on Thursday ripped into him for the “reckless” decision of demonetisation that it said wrecked the economy and consumed many lives. On the second anniversary of the Modi’s 2016 decision to ban Rs 1,000 and Rs 500 notes,[Read More…]

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