Panaji, Nov 30: Prime Minister Narendra Modi's dramatic decision to demonetise currency may
have been announced with a bang on November 8, 2016, but the issue of
introduction of new series of currency notes had been pending with the RBI
since 2010, according to former Reserve Bank of India Deputy Governor R Gandhi,
who was in-charge of one of the country's biggest economic measures.
Speaking at a seminar on the Effects of Demonetisation on
Business and the Economy organised by premier B-school, Goa Institute of
Management (GIM) to qualitatively discuss and deliberate the positive and
negative impact of demonetisation, Mr Gandhi also spelt out measures like
placing an upper limit on cash transactions as the way ahead post
demonetisation.
"The decision was pending since 2010," he said, at the seminar organised by GIM which was also attended by Dr Omkar Goswami, Founder & Chairperson, Corporate and Economic Research Group, Dr C Rammanohar Reddy, Former Editor, Economic and Political Weekly, and Dr Arun Kumar, formerly with the Jawaharlal Nehru University and currently Malcolm Adiseshaiah Chair Professor, Institute of Social Sciences, New Delhi. The event was chaired by Nasser Munjee, Chairman, Board of Governors, GIM. UNI
"The decision was pending since 2010," he said, at the seminar organised by GIM which was also attended by Dr Omkar Goswami, Founder & Chairperson, Corporate and Economic Research Group, Dr C Rammanohar Reddy, Former Editor, Economic and Political Weekly, and Dr Arun Kumar, formerly with the Jawaharlal Nehru University and currently Malcolm Adiseshaiah Chair Professor, Institute of Social Sciences, New Delhi. The event was chaired by Nasser Munjee, Chairman, Board of Governors, GIM. UNI
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