The demonetization decision by the Modi government has come as a rude shock for the opposition parties and they are not only protesting against it but also demanding roll-back of this decision.
Undoubtedly, the move has created a chaotic situation for the common public as well plus there have been some casualties too, but people are hoping that normalcy will be restored in 50 days, as said by PM Modi.
Today, the former Prime Minister Manmohan Singh addressed Rajya Sabha and he spoke on the matter of demonetization and its implementation. He described it as “monumental mismanagement” and also stated that it would also reduce the GDP by 2 percentage points. Moreover, according to him, it is under-estimation, not over-estimation.
As per Manmohan Singh, he doesn’t disagree with whatever benefits of demonetization have been stated by PM Modi in the long run but at the same time, he also recalls the lines of John Keynes, “In the long run all of us are dead.”
Below is the speech of Manmohan Singh:
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Well, Twitter has also expressed its opinion over Manmohan Singh’s speech in Rajya Sabha:
What an IQ Manmohan Singh has!
https://twitter.com/WhiskeeyRiver/status/801738718281203712
Ravish Kumar are you listening?
Time has come for ravishkumar of ndtv to take elaborate interview of respected former p.m.manmohan Singh.
— Manish Mehta (@manish1958) November 24, 2016
Singh is synonymous to respect and credibility!
Manmohan Singh is synonum to Respect & Credibility#DeMonetisation
— Sumit Mutneja (@SumitMutneja) November 24, 2016
His speech is full of acts and wisdom!
Dr Manmohan Singh's speech full of facts, wisdom and humility. Unlike Modi's which is full of drama sarcasm jokes and much more
— Prakriti Malhotra (@Prakriti3293) November 24, 2016
Agree?
Name one country in the world [besides India] where people can deposit their money in the bank but can't withdraw it. ~ Manmohan Singh
— Sanjay Gupta (@sanjay0864) November 24, 2016
Manmohan Singh in Rajya Sabha today:GDP of the country can decline by 2percentage points and this is an underestimate not an overestimate
— Vijaita Singh (@vijaita) November 24, 2016
BJP exposed by Manmohan Singh
Demonetisation in long term we r all dead. Exposed BJP #Manmohan Singh
— Suresh Bhusari (@suresh_bhusari) November 24, 2016
Interesting!
https://twitter.com/Sachin3S/status/801736216609701888
Today country seen difference between wise PM and biased PM #Manmohan_Singh
— Suresh Bhusari (@suresh_bhusari) November 24, 2016
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