MANMOHAN DUBS NOTE BAN LEGALISED PLUNDER
MANMOHAN DUBS NOTE BAN LEGALIZED PLUNDER
In a rare intervention in Parliament, former Prime Minister Manmohan Singh lashed out against the demonetisation drive calling it “organised loot and legalised plunder,” with PM Narendra Modi looking on.
The note ban policy is monumental mismanagement by the Centre, Singh said in Rajya Sabha, adding that small industries have taken a huge hit.
“Prime Minister Narendra Modi wants 50 days for demonetisation drive but the poor people in the country still suffer. The PM must provide relief to the sufferings of the people,” he said.
“This is organsied loot and legalised blunder,” he said. The former PM also pointed out that the cooperative banking system in rural India that has not been allowed to participate in the temporary note exchange scheme was suffering.
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