Demonetisation: Was it a flash in the pan, or something more?: Dr. MS Sriram

Irrespective of the objectives of demonetisation – the policy actions of the government have led to greater formalisation of the economy… However, this process of formalisation – or adding more people into the formal sector, as has been traditionally understood, is to be interrogated writes Dr. MS Sriram, faculty in the Centre for Public Policy, IIMB, in this article in Financial Express.