1. Demonetisation decision taken hurriedly: Amartya Sen

Demonetisation decision taken hurriedly: Amartya Sen

Nobel laureate Amartya Sen today said he felt the demonetisation decision was taken hurriedly without thinking about its consequence.

By: | Santiniketan | Updated: December 30, 2016 8:00 PM
“So far economics is concerned I find no reasoning behind this decision. It will have adverse effect,” Sen said.

Nobel laureate Amartya Sen today said he felt the demonetisation decision was taken hurriedly without thinking about its consequence. “I don’t think that this (demonetisation) decision was taken after considering all sides. It was taken hurriedly without thinking of consequences,” he told mediapersons here.

“So far economics is concerned I find no reasoning behind this decision. It will have adverse effect,” Sen said.

The Nobel laureate, who chairs Pratichi Trust, which works in the areas of health and education with special emphasis on gender equality, said implementation of midday meal project is not up to the mark in West Bengal.

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“This project is very successful in Tamil Nadu, partly in Uttar Pradesh and other states. But in West Bengal the performance is average,” he said after attending a programme of the trust here.

  1. C
    chandra
    Jan 9, 2017 at 3:22 pm
    No arguments with fanatics- RSS,Or Taliban .No logical reasoning,but rudely ask to shut up all sensible questions.Not a single rupee taken back from Switzerland ; this cruel dictatorial step devastated the poor majoritySide by side communal fires for electoral politics.Tragi comedy of the Indian absurd theatre
    Reply
    1. D
      Das
      Jan 1, 2017 at 6:28 pm
      Who is this sh*t? Why do media cover his comment ? He certainly had some grudge against our PM!!
      Reply
      1. R
        Rohinikishore
        Jan 9, 2017 at 6:16 am
        Surely demonetisation had adverse effects coz in India 70% potion lives in villages and how can they know about credit/ debit cards they didn't have a minimum idea regarding that. Farmers how they can do their transactions.they are loosing a lot
        Reply
        1. A
          agni
          Dec 30, 2016 at 6:49 pm
          Nobel prize for what?...not for India at least.. that's for sure...All the ones who gave s**t to India for last 70 yrs r commenting as if they r the goose that laid golden eggs for India...Better retire than throw repackaged comments...
          Reply
          1. A
            Anand Deshpande
            Dec 30, 2016 at 5:12 pm
            we are doing the same mistakes the west did. in short term killing informal economy to increase the size of formal economy might sound like a great thing but this is the very idea which is leading to civil war situation in many developed nations now , we shud learn from west 's mistakes and try for coexistence of both though tax reforms. today someone who cannot afford bed goods can atleast buy from informal sector at relatively cheap prices. this idea will give rise to monopoly of certain big bs utlimately leading to rise in cost of living for everyone while not creating equal opportunities for every section of society.
            Reply
            1. Chandrashekarappa Ca
              Dec 30, 2016 at 2:51 pm
              I advise Mr. Sen to set aside and learn economics from Mr. Modi and Team. The economic is repalced by "Modinomics" founder Mr. Modi in the history of economics of world. The subject economics be removed and Modinomics be introduced in text books. I feel the study of economics has no application in India. I do not understand reversal of economic atude followed by most of the countries. The RBI is not open and mum all 50 days except issuing 60 notifications in 45 days.
              Reply
              1. Murthy Suppusamy
                Dec 30, 2016 at 3:30 pm
                Earlier he stated Demonetization as "Despotic". Once you called it as Despotic, meaning Autocratically, why are you saying more on this now. YOu don't make sense!>
                Reply
                1. Ramachandra Rao
                  Dec 30, 2016 at 4:48 pm
                  No problem. It is a wise and being step.
                  Reply
                  1. Tshr Saini
                    Dec 30, 2016 at 5:59 pm
                    He is a traitor. Go to stan. : All ias who are happily standing in line saying "Desh badal rha hai"
                    Reply
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