Shiv Khera, Author and Speaker in conversation with Chahat Jain of BWBusinessworld talks about Demonetisation saying government wanted to eradicate black money, corruption and counterfeit currency. Intention was good but the entire scheme was poorly planned and implemented.
He said government should have distinguished between black money and black currency. People who have been hurt the most are daily wage earners. Half a million jobs have been hit by demonetization and estimates say that monetary cost of demonetization to India will be somewhere around 1 lack 50 thousand crores.
