India

Arvind Subramanian's hypocrisy exposed: Had praised demonetisation while he was CEA

Nov 30, 2018, 6:07 PM IST

Former chief economic adviser Arvind Subramanian grabbed the news headlines this morning with all media houses picking one portion of his upcoming book where he reportedly wrote that the measure of invalidating the currency notes of denomination Rs 500 and Rs 1,000 was "draconian". In this presentation of the Economic Survey report of 2017, as seen in this NDTV video, when the country was still experiencing the impact of demonetisation, Subramanian is heard praising the abrupt measure, explaining how it would see long-term benefits across sectors.