Kaushik Bhattacharya is currently Professor of economics at the Indian Institute of Management (IIM), Lucknow. Prof. Bhattacharya did his Ph.D. from Indian Statistical Institute (ISI) and his post-doctoral research at University of Bonn. Earlier, Prof. Bhattacharya had worked in statistics and monetary policy departments of the Reserve Bank of India (RBI). He had also been a visiting research fellow at the Bank for International Settlements and a recipient of DAAD (German Academic Exchange Service) fellowship. Dr. Bhattacharya had worked on different types of applied econometric problems in monetary policy and central banking. One of his special areas of interest is currency in circulation.
Reviving the informal sector from the throes of demonetisation
13 Feb 2017
While recent measures announced by the government indicate some awareness of the hardships inflicted on the informal sector by the note ban, more needs to be done. In this article, Bhattacharya, Mitra, Pal and Saha summarise the emerging evidence on the significant adverse impact of demonetisation on the informal sector, and suggest policy measures to ensure a steady recovery.
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