Former PM Manmohan Singh Reminds The Damage Demonetisation Has Done To Country’s Economy

Hitting out at the Narendra Modi government for the 2016 demonetisation, former Prime Minister Manmohan Singh has urged the Centre to restore certainty and visibility in its economic policies.

Singh also asked the current NDA regime not to indulge in any further unorthodox, short-term economic measures that could cause any more uncertainty in the economy and financial markets.

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Terming demonetisation an “ill-fated” and “ill-thought” exercise, Singh’s statement said: “Today marks the second anniversary of the ill-fated and ill-thought demonetisation… The havoc that it unleashed on the Indian economy and society is now evident to everyone.