Demonetisation

Deepening crisis

Print edition : February 03, 2017

Farmers at Medha village in Kadi, near Ahmedabad in Gujarat, feeding tomatoes to livestcok on January 11. Tomato prices dropped after demonetisation, sinking growers into a crisis. Photo: SAM PANTHAKY/AFP

Non-resident Indians flash their passports to enter Reserve Bank of India to exchange their demonetised currency notes, in New Delhi on January 9. Photo: V. Sudershan

Y.V. Reddy. The former RBI Governor has criticised the demonetisation move. Photo: Bijoy Ghosh

Bimal Jalan, former RBI Governor. He has criticised demonetisation. Photo: Ashoke Chakrabarty

As details slowly emerge of how unplanned and unprofessionally handled the demonetisation move was, it is clear that the scale of the disaster is only just becoming clear.

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