Unemployment high due to govt`s ill considered demonetisation decision: Former PM Manmohan Singh

"Unemployment is high and the informal sector is in shambles, a crisis precipitated by the ill considered demonetisation decision taken in 2016", Manmohan Singh said at "Pratheeksha 2030." The summit was organised to launch a Vision Document, a framework of ideas for development of Kerala well in advance of the state elections. He said in Kerala and in many other states, public finances are in disarray with states having to resort to excessive borrowing, which creates an intolerable burden on future budgets.

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