Calling November 8, 2016 a “black day” for our economy as well as democracy, former Prime Minister Manmohan Singh today repeated his famous statement he made in Parliament last year: that demonetisation was “organised loot and legalised plunder”.
Addressing traders in poll-bound Gujarat’s Ahmedabad city on the eve of the first anniversary of demonetisation, the 85-year-old Congress veteran said, “8th November was a black day for our economy and indeed our democracy.
Nowhere in the world has any nation taken such a drastic step that swept off 86 percent of the currency.”
“I repeat what I said in Parliament: this (demonetisation) was organised loot and legalised plunder,” he said.
“When I heard the demonetisation announcement, I wondered who gave Modi this reckless advice,” he added.
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