Why Demonetisation’s Failure Didn’t Benefit The Opposition

[This article first appeared in HuffPost India on 2 September 2017.]

It is easy to give post-facto explanations for anything. The Delhi commentariat consensus is that demonetisation’s real intention was political — in other words, the Modi government knew the economic disaster it would beget. Secondly, we are told demonetisation helped the BJP win the Uttar Pradesh assembly elections. Continue reading “Why Demonetisation’s Failure Didn’t Benefit The Opposition”