With reference to “Demonetisation: Evaluating the critics” (November 13) by Arvind Panagariya, the article was necessary to dispel the misconceived notions about the effects of demonetisation, but it is not sufficient to silence all its critics. Critics who have objective doubts based on their data would consider the author’s comments as an impetus to review their inference.
However, most of critics are politicians and economists for whom everything that Prime Minister Narendra Modi does is questionable. They would need more proof. This would come or not come, depending on the follow-up action that the government takes, and takes persistently. Thus,