DEMONETISATION: Claims and Reality

Description

The basic motivation for bringing this booklet is to put together out initial understanding of the rationale of this drastic policy measure and its outcomes on the economy and the society and to see how our initial understanding compares with the outcomes that have indeed become much clearer and even quantifiable at the close of almost two years.

ProfessorAtul Sarmais currently Chairman, Omeo Kmar Das Institute of Social Change and Development, Guwahati and Visting Professor at Institute for Studies in Industrial Development, New Delhi and Distinguished Professor at Council for Social Development, New Delhi. He was Professor of Economics and Head, Indian Statistical Institute, New Delhi and also Vice-Chancellor of Rajiv Gandhi University, Itanagar, Arunachal Pradesh. Sarma was a member of the Thirteenth Finance Commission. He was a Post-doctoral Fellow at MIT, Cambridge, USA. He was Visiting Professor at a number of universities in India and abroad. He was an independent Director of Steel Authority of India Limited, member of Technology Development Board as also a member of the Assam and Manipur State Planning Boards. He was a Consultant to several international agencies such as ADB, FAO, ESCAP, IDRC and UNIDO.