More than two years have passed since Prime Minister Narendra Modi announced demonetisation, a move that made almost 85 percent of the total currency notes in circulation invalid, the government has admitted that there was no impact assessment of it.
Responding to a question by P Karunakaran, CPI MP from Kasargod in Kerala and Tej Pratap Singh Yadav of Samajwadi Party from UP’s Mainpuri, Minister of State for Finance Pon Radhakrishnan told the Lok Sabha that the government has not assessed the impact and after effect of demonetisation on economy.
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