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  1. #1
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    PM Modi: The Architect of the disaster


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    2 years after demonetisation, it’s clear that ‘black money’ was neither burned nor drowned in rivers, as the PM had claimed. The rich have become richer and Narendra Modi has gone silent


    “I constituted a small team 10 months ago to execute a big operation. It was a humongous task to print currency notes, distributing them to different banks: Narendra Modi in Goa on November 13, 2016. Through the note ban, in one stroke, we destroyed the world of terrorism, drug mafia, human trafficking and the underworld,” said Narendra Modi in December, 2016
    Prime Minister Narendra Modi reportedly told a cabinet meeting on November 8, 2016, “I have done all the research and, if it fails, I am to blame." It bore his imperious imprint.



    ormer RBI Governor Raghuram Rajan has gone on record to acknowledge that the government had consulted him on demonetisation and he had strongly but ‘orally’ objected to it.

    On the other hand, a Deputy Governor of RBI, R Gandhi, who retired in April, 2017 told an interviewer that everything related to demonetisation had been planned in advance, that the fallouts were known and even the relaxing circulars notified after demonetisation by the RBI had also been pre-meditated.


    RBI had started printing ₹2000 notes long before demonetisation was announced, confirmed R Gandhi. Strangely, when Rajan handed over charge to Urijit Patel in August-September, 2016, in his mandatory report to Patel on August 29, he made no mention of either demonetisation or of the ₹2000 note being printed.


    Clearly, even two years after demonetisation, the country does not know enough of what happened before and after November 8.


    https://www.nationalheraldindia.com/...f-the-disaster



  2. #2
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    This only shows the massive systemic failure in our democracy where such a disastrous policy was implemented without any of the instituion opposing it,

    how owe can a faulty policy be implemented causing such a national disaster ??

    this should continue to haunt all the constitutionalists and come up with a solution !!
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  4. #3
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    Quote Originally Posted by Jaykay767 View Post
    This only shows the massive systemic failure in our democracy where such a disastrous policy was implemented without any of the instituion opposing it,

    how owe can a faulty policy be implemented causing such a national disaster ??

    this should continue to haunt all the constitutionalists and come up with a solution !!
    Both Executive and Judiciary have the problem of over reach.

    Sabarimala fiasco and firing of crackers are the latest examples.
  5. All views expressed by the Members and Moderators here are that of the individuals only and do not reflect the official policy or view of the TamilBrahmins.com Website.
    If you are having a problem with a particular thread or user, please use the "REPORT POST" button beside the offending post to inform us or raise a complaint.

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