Demonetisation after-effects to last longer: P Chidambaram
Stating that demonetisation was not well thought out, former Finance Minister P Chidambaram has said its after-effects will continue for a longer period than expected. The first-order effects will continue for several weeks and then there will be second-order effects, he said. “My suspicion is the only knowledgeable economist in the government, Dr Arvind Subramanian, was not consulted,” he added. 