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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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2nd edition of Mysuru Literature Festival: Demonetisation has not fulfilled its promise, says former RBI Governor

Mysuru: “Demonetisation has not fulfilled its promise. Before demonetisation, authorities should have considered the capacity of note printing presses to print such a huge volume of currency notes. Since more than 60…

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Published November 18, 2018 · 3 min read
2nd edition of mysuru literatu

Mysuru:  “Demonetisation has not fulfilled its promise. Before demonetisation, authorities should have considered the capacity of note printing presses to print such a huge volume of currency notes. Since more than 60 to 70

percent of the notes had to be printed, it takes months to print and here lies the problem,” said 14th Finance Commission Chairman and former Reserve Bank of India (RBI) Governor Dr. Yaga Venugopal Reddy, better known as Y.V. Reddy.

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