NEW DELHI: Former Reserve Bank of India governor Raghuram Rajan has said that he had cautioned the government about the short-term costs of demonetisation outweighing the long-term benefits, and suggested "alternatives" to achieve the goal of stamping out black money.
http://m.timesofindia.com/business/...-raghuram-rajan-says/articleshow/60343662.cms
http://m.timesofindia.com/business/...-raghuram-rajan-says/articleshow/60343662.cms