No reasoning behind demonetisation: Amartya Sen
Nobel laureate Amartya Sen has said that there was no reasoning behind the demonetisation decision. Further, Sen added that the decision was taken 'hurriedly' without thinking about its consequences. "It will have [an] adverse effect,” the economist warned. Earlier, ex-Chief Economist at the World Bank Kaushik Basu had also said there will be greater suffering for people following demonetisation.