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Manmohan Singh Slams Demonetisation On Its Second Anniversary
Exactly two years ago, the Narendra Modi-led government imposed a ban on Rs 500 and Rs 1,000 notes. On the anniversary of demonetisation, former prime minister of India and economist Dr Manmohan Singh recalls it as an ill-fated and ill-thought exercise and urges the government to restore certainty in economic policies. He further said that demonetisation brought volatility in the financial markets through the liquidity crisis that it created and we are yet to understand and experience the full impact of the demonetisation exercise.
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