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5 million men lost their jobs after demonetisation, says SWI 2019 report

Though the report does not establish any causal link with the note ban, it says the labour force participation started falling suddenly between September and December 2016 for both urban and rural men

Topics
Unemployment  |  Jobs  |  Unemployment In India

BS Web Team 



Unemployment, Skills, Organisation, Structure, employees

According to an analysis by Bengaluru-based Azim Premji University researchers, five million men lost their between 2016 and 2018. The beginning of the decline in coincided with Prime Minister Narendra Modi's of high-value currency notes on November 8, 2016.

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First Published: Wed, April 17 2019. 13:50 IST

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