Demonetisation GDP

True feelings, finally: Congress targets Modi as Arvind Subramanian slams Demonetisation

The former CEA says he does not think anyone disputes that demonetisation slowed growth.

Nov 29, 2018, 10:31 AM IST

Demonetisation a massive, draconian, monetary shock: Arvind Subramanian

Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed empirical view apart from the fact that the welfare costs, especially on the informal sector, were substantial.

Nov 29, 2018, 10:11 AM IST