Writer, journalist, economist. Now Editor, @TheIndiaForum. Earlier Readers' Editor @scroll_in, Editor @epw_in, and journalist at @the_hindu & @DeccanHerald
Aug 30, 2018 • 8 tweets • 2 min read
#Demonetisation#Notebandi 1. Thread. Today the Government will try to refute the idea that the RBI numbers on 99.3% of demonetised currency being deposited in banks does not mean Demo was a disaster. Remember the following and watch out for some false arguments as well. 1/n2. Remember PM Modi told us on 8 November 2016 that the Rs 500 and Rs 1000 notes with the corrupt will become worthless pieces of paper. Remember the govt told the Supreme Court that it did not expect 25%-30% of the demonetised currency to be destroyed. Well... 2/n
