NEW DELHI: Dissident BJP leader and former Union Finance Minister Yashwant Sinha today said demonetisation had led to “tax terrorism” and likened Prime Minister Narendra Modi to a medieval era Delhi king known for his whimsical decisions.
Sinha made these remarks at the launch of a book, Demonetization and the Black Economy, by economist Arun Kumar, who has been critical of the exercise. Suspended BJD MP Baijayant ‘Jay’ Panda and Congress leader Prithiviraj Chavan were also participating in the panel discussion.
Though demonetisation failed to meet any of the stated objectives, the Government had won the “perception battle”, Sinha said.
The former Finance Minister derisively said that “not policy-makers but only one policy-maker” decides what has to be done.
With the passage of time, they can come to only one conclusion that demonetisation has “failed and failed comprehensively”, he said. (AGENCIES)
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