The impact of demonetisation “on the weaker sections of our society and business is far more damaging than any economic indicator can reveal,” said former Prime Minister of India Manmohan Singh in an exclusive interview on the first anniversary of the Narendra Modi government’s move to declare all five-hundred and thousand rupee currency notes invalid.
In a rare interview to Praveen Chakravarty, contributing editor at BloombergQuint, Singh expressed concern regarding the loss of jobs in the small and medium enterprises sector and also emphasised the exacerbating impact that may have on inequality.
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