Demonetization was draconian and massive shock for Indian economy says Ex-Chief Economic Advisor

NEW DELHI: Criticizing Prime Minister’s Narendra Modi’s demonetization decision, former Chief Economic Advisor (CEA) Arvind Subramanian has called Demonetisation a “massive, draconian, monetary shock” that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra […]

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Chief Economic Adviser Arvind Subramanian waives office

New Delhi: After an eventful stint as the Chief Economic Advisor, Arvind Subramanian on Thursday demitted office to return to academia in the US. On his final day, he completed formalities and held an informal meeting with his colleagues at his North Block office before catching his flight to the US later at night. Known as […]

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