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Modi’s key aide blames poor planning for India’s currency crisis

Posted on 14 November 2016

A member of parliament and one of Prime Minister Narendra Modi’s top aides has blamed poor planning and execution by the government for the banknote crisis that has engulfed India, with tens of thousands of people queueing up outside banks and empty ATMs following New Delhi’s decision to replace large-denomination notes with new ones.
“I am appalled by the lack of preparation,” said Subramanian Swamy in an exclusive interview to This Week in Asia. A dogged crusader against corruption, who is often called India’s Trump for his campaign against the high and the mighty and serial muckraking, said Modi’s banknote ban was expected as fighting “black money” – as unaccounted wealth is called in India – was the ruling Bharatiya Janata Party’s (BJP) key electoral plank…………………………………….Full Article: Source


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