On November 8, PM Narendra Modi took a historic decision of demonetising high-value currency notes! It’s been three months now but people are still struggling with its after effects. ATMs still don’t have cash and the ones which have, long queues still exists in front of them. EIC or the East India Comedy has come out with a video which talks demonetisation and its fallout. Without naming PM Modi in the video, the stand-up comedians collective, make fun of PM traveling all around the world and hardly staying in India, his decision of demonetisation. Watch this spoof of the famous ‘Made in India’ song by Alisha China and we guarantee you that you will be rolling on the floor laughing after watching the video.
Meanwhile, World Bank CEO Kristalina Georgieva on Thursday lauded PM Narendra Modi’s demonetisation move. “PM Modi’s decision to ban high-value banknotes as part of efforts to stamp out corruption will have a profound and positive impact on India’s economy,” she told Hindustan Times. “What India has done will be studied (by other countries). There hasn’t been such demonetisation in a country so big,” she further told HT.
Watch the video here:
Prime Minister Narendra Modi’s November 8 decision to ban high value notes of Rs 500 and Rs 1000 got a huge backing from none other than CLSA’s chief strategist Christopher Wood yesterday. In a conversation with ET Now he said, “Demonetisation is positive for India and not negative”. Speaking further he said that India is the best domestic demand story in Asia. “I have bought stocks which were hit due to demonetisation. Private banks will continue to take away market share from PSU Banks,” he added.