Karnataka Assembly poll 2018: Demonetisation and its enemies

For Mangaluru, specifically, demonetisation was a double whammy. The city provides extensive employment in the services sector, especially hotels and hospitality

How much did demonetisation really affect the economy of Karnataka? And how much is it going to affect its politics? 

For Mangaluru, the move was pure and unmitigated disaster. “In the first few months, construction was halted and finally came to a complete stop. It was traumatic. Mangaluru is the biggest city in Karnataka after Bengaluru. Things are limping back now. But builders here have still not recovered their losses and continue to feel the pinch” said Vishwanatha, professor and chairman at the economics department of the Mangalore University. “Moreover, unemployed wage labour from Odisha and Uttar Pradesh used to come