Monday, January 9, 2017

Hindsight on the Demonetisation

There are some interesting reads in the papers from the start of this year. Nearly all of them against last year’s demonetization.

 

How the RBI’s frequent changes to the cash withdrawal rules fuelled uncertainty and how an intrusive policy had led to the authorities tying themselves up in knot.

 

A look at the RBI’s gloomy comments after one month of demonetisation.

 

The Indian Express,  on how demonetisation disrupted the economy without really curbing black money.

 

 The Hindu has a gloomy forecast for 2017.

 

 

 

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