Former finance minister P Chidambaram has now hit out at the central government’s sudden decision to roll back the existing Rs 500 and Rs 1000 currency notes saying that this scheme is not demonetisation, this is ‘Old Notes for New’. Chidambaram charged that the unprepared government has pushed common people into misery and despair.
Chidambaram said that the government should release the 2012 CBDT report that advised against demonetisation.
2. The half-baked plan has benefited only touts and middlemen. Gov should publish the 2012 CBDT report that advised against #DeMonetisation
— P. Chidambaram (@PChidambaram_IN) November 12, 2016
This criticism from the former finance minister and a Congress veteran comes at a time when Prime Minister (PM) Narendra Modi is on an official visit to Japan. On the other side major political opposition leaders like Mamata Banerjee, Rahul Gandhi, Arvind Kejriwal and others have seemingly ganged up together against this move of the government.