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Demonetisation ended economic recovery that began in 2013: Congress

IndiaTimes Wednesday, 8 November 2023
Congress general secretary, communications, Jairam Ramesh said in a statement that demonetisation along with a "badly designed" GST finished off India's job-generating small and medium businesses, caused a 45-year unemployment high, and ended the economic recovery that had begun in 2013. He said seven years ago on November 8, 2016, PM Modi "inflicted" demonetisation on an unsuspecting nation. The Congress leader claimed that demonetisation led to destruction of the economy and the GDP growth momentum created from 2011 onwards was completely reversed.
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