Thursday, December 29, 2016

How to measure success/failure of Demonetization?

1. When and where did anyone from Govt or RBI claim that they expect nearly 5 lakh crores of the 15.44 lakh crores to not comeback post demonetization? Do anyone of you have a video or news article regarding the same?
2. Can anyone point me to the stats of RBI that shows that 90% of 15.44 lakhs has comeback? Not from media outlets but from official Govt sites. PS: I am equally cynical os both Govt and News outlet figures.
3. Even if 100% money has returned how and why do journalists claim demonetization is a failure?
These are 3 honest and simple questions. Can anyone please objectively educate me on these 3 points?

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