As we know, Dr Manmohan Singh is a two-time PM, Finance Minister, RBI Governor and had done Economics from Cambridge. This intellectual has delivered a valuable speech on demonetization of high currency notes in Rajyasabha today.
Mr Singh said demonetization is a monumental mismanagement which could lower GDP by 2%. He questioned Modi if he could name any country where people have deposited their money but are not able to withdraw it. "Those who say demonetisation is good in the long run should recall quote "In the long run we are all dead," quipped Dr Singh. He finally felt demonetization as organized loot and legalized plunder. He appealed the PM to take practical and pragmatic measures to check the problem.
People are now recalling how well they enjoyed all the liberty Rs.50000 day withdrawals, cheap data mobile and so on during the reign of Manmohan Singh as a PM of India. Further, peace prevailed for most of the days in the borders during the tenure of Mr Singh.
Having gone through the speech of Manmohan Singh at RS, Modi is suggested by the analysts to learn a lot from the former PM. Will Modi pay heed of them?