gfiles magazine

September 10, 2018

Governance : Too much noise


WITH the publication of  the RBI Annual Report, giving the number and value of demonetised notes coming back to the chests of the Central Bank, the issue whether demonetisation (note bandi) has been a success or failure has come up for  discussion in public domain in a big way and some persons like Rahul Gandhi, President of main opposition party (Congress) has greatly criticised note bandi saying that it has pushed back GDP growth substantially to the detriment of common people, benefitting only 15-20 people, who are close to Prime Minister Narendra Modi. This article considers how far such criticism is valid and justified.



No comments:

Post a Comment