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Scars of note ban getting more visible with time, says Manmohan Singh

Terming demonetisation an 'economic misadventure', Manmohan Singh said 'notebandi' unleashed 'havoc' on the Indian economy and society

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manmohan singh

Archis Mohan New Delhi
On the second anniversary of demonetisation on Thursday, former Prime Minister Manmohan Singh advised the Narendra Modi government to show prudence, thought and care in its handling of economy policymaking. 

“It is often said that time is a great healer. But unfortunately, in case of demonetisation, the scars and wounds, are only getting more visible with time,” Singh said, attributing some of the problems the Indian economy faced with respect to the decision to scrap old Rs 500 and Rs 1,000 notes. 

The former PM suggested it would be “prudent” for the Modi government to not resort to “further unorthodox, short-term economic