"Unemployment is high and the informal sector is in shambles, a crisis precipitated by the ill considered demonetisation decision taken in 2016."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
No categories assigned
Original Language: English
Available Languages (1)
Sources
Economist and former Indian PM Manmohan Singh, as quoted in
https://en.wikiquote.org/wiki/2016_Indian_banknote_demonetisation
Revision History
No revisions have been submitted for this quote.
2016 Indian banknote demonetisation
4 quotes on TrueQuotesView all quotes by 2016 Indian banknote demonetisation →
Related Quotes
"Demonetization was ostensibly implemented to combat corruption, terrorism financing and inflation. But it was poorly …"
"Even if RBI opposed demonetisation, the government would have gone ahead with it. The originally stated targets of no…"
"Let us not mince words about it – GDP has suffered. The estimates I have seen range from 1 to 2 percentage points, an…"