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Business News›News›ET TV›Arvind Subramanian slams Demonetisation, says 'DeMo was draconian, monetary shock'

Arvind Subramanian slams Demonetisation, says 'DeMo was draconian, monetary shock'

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Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8 per cent in the seven quarters after it against the 8 per cent recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian.

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