No economist in the world would admit that demonetisation did any good to the Indian economy, he asserted.
Congress president Rahul Gandhi on Saturday lamented that the Indian economy was growing but not generating jobs for the citizens.
"We are growing decently as an economy, but we are not creating jobs because those who have skills aren't getting access to finance and support," Gandhi said while interacting with students at Maharani's Arts and Commerce College for Women here.
Gandhi, who is on a two-day visit to the poll-bound Karnataka's old Mysuru region, was taking questions from the students in the 30-minute long interaction.
During several of his earlier speeches, Gandhi had attacked PM Narendra Modi for not keeping his promise of delivering 2 crore jobs a year.
This is Gandhi's fourth visit to Karnataka since February.
Huge amount of money was going into the hands of very few people in the country, he remarked.
"(Diamond jeweller) Nirav Modi has absconded with crores of people's money. Can you imagine how many businesses could have been built by young women like you all if you had access to that kind of money," the Congress chief queried.
Nirav Modi has been accused in a Rs 13,540 crore Punjab National Bank (PNB) fraud case.
Responding to a student's question on what he thought of high-value currency note ban in November 2016, Gandhi termed the policy a "disaster".
"Demonetisation and Goods and Services Tax (GST) were very badly conceived and damaging steps for the country. (Former Finance Minister) P. Chidambaram said the step was insane," the 47-year-old recalled.
One person experimenting with the nation was dangerous, he said.
"Congress believes that on a country of the size of India, one cannot do experiments. Ideas need to be tested on a small scale and then rolled out," Gandhi added.
No economist in the world would admit that demonetisation did any good to the Indian economy, he asserted.
Earlier in the day, Gandhi visited the popular Chamundeshwari Temple along with Chief Minister Siddaramaiah, party state unit president G. Parameshwara and other senior leaders to pray for the ruling party's success in the Assembly polls due in April-May.
The Congress leader is scheduled to hold public meetings and interactions with party cadres and people in Mysuru, Mandya and Chamrajnagar districts.
