Former BJP Union Minister Arun Shourie Criticizes Government For Demonetisation & Current Economic Situation

- Advertisement -

In any case,demonetisation was a bold step.I have to remind you that suicide too is a bold step.

In an interview with NDTV, he has strongly criticized the government’s decision to ban the INR 500 and 1000 notes saying that the stated objective may be good but the idea was not well thought out. He also called the Modi Government as “ government of two-and-a-half persons” that is Narendra Modi, Amit Shah, and one in-house lawyer.

- Advertisement -

‚ÄúWhich argument (offered by the government in favour of demonetisation) today survives? Black Money? All of it turned white. Terrorism? Terrorists are still coming into India. GDP has collapsed to 3.7 per cent according to the old series. The industrial production has gone down from about 9 per cent in 2015-16 to about 1.7 per cent in April to July. Is it not a matter of concern?” Shourie said.

- Advertisement -

“You are doing nothing on the Vyapam Scam,you are doing nothing on the Sarada Scam,¬† the Narada Scam, you let Hasan Ali go, nothing happened, Moin Qureshi goes away, Vijay Mallya is saying bye bye, Lalit Modi keeps sitting outside and at the end you have nothing to say”¬†he further added.

- Advertisement -

He said that the government’s policies must have predictability, stability and credibility- all of which is totally absent now.The investors and the industry are not sure of their expectations from the government,be it demonetisation or GST implementation.

Download the DU Express app on Play Store to stay connected with all the latest admission news and campus news 24×7.Click here to download the app.

Join our Telegram channel today free of cost to get all the latest updates delivered directly on your smartphone.Click here to subscribe to our Telegram channel or search for – @DUExpressIndia on Telegram to join.

- Advertisement -
Neha Anchliya
Neha Anchliya is currently persuing (h) from Ramjas College. She loves the swirl and swing of words as they tangle with human emotions.

Similar Articles


Most Popular

Contraception and Birth-Control: Myths Debunked!

There are a lot of myths surrounding the topic of contraception. Even though we're sky-rocketing towards being the most populated country in the matter...

74% seats filled after the second cutoff, over 51,000 students admitted

The University of Delhi released its second cutoff on October 17. The admissions for the same closed on Wednesday. Around 74% of the seats...

‘Kita Kita’, a heart-touching plot

Imagine yourself getting engaged for two years and then finding out that your fiancè wasn't true to his colours. On this very doom's day,...