Amartya Lahiri (for Info only, not official)


Amartya Lahiri

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    ... On November 8, Prime Minister Narendra Modi announced his ambitious demonetisation policy initiative to attack the scourges of corruption, black money and fake currency. He also spoke eloquently in his December 31 address about the need for purifying the nation of these scourges. The desirability of this policy goal is well-understood and incontrovertible. How effective has demonetisation, as a policy, been in achieving its stated goals? How efficiently has it been implemented? In terms of effectiveness, the move undoubtedly prevents further circulation of existing counterfeit currency in the two demonetised denominations (Rs 500 and Rs 1,000). ...

    Indian Express on Jan. 10, 2017, midnight