|Environmental take-aways from demonetisation|
Prime Minister Modi’s demonetization has been roundly criticized on various counts by politicians, economists, social organizations and general public. The abrupt ban on the two high value currency denominations of Rs. 500 and Rs. 1000 caught the people by surprise and many of those who had stashed away sizable hoards of them were naturally the first to raise an outcry in opposition.
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|Indian demonetisation: Pakistan's sinister designs forced Modi's hands|
The e-mails had been going round and round for sometime carrying the supposed facts regarding the reasons for the sudden demonetisation but one couldn’t really believe all that was conveyed in them. True, Modi had in his election campaign assured that he would fight the menace of black money and bring back all that was stashed away in banks abroad. But, two and a half years had gone by and yet nothing was seemingly moving on that front. He was, therefore, being baited and mocked at by the Opposition inside and outside the Parliament for his extravagant unfulfilled promises.
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