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Demonetisation is reckless, says Chidambaram

Congress leader and former finance minister P Chidambaram on Thursday said that the demonetisation policy is reckless. “Demonetisation is reckless,…

Demonetisation is reckless, says Chidambaram

P Chidambaram (PHOTO: Facebook)

Congress leader and former finance minister P Chidambaram on Thursday said that the demonetisation policy is reckless.

“Demonetisation is reckless, now I don't know what more disruptive and reckless measures are there in the armoury,” the Congress leader said in a statement.

Talking about the Union Budget that was presented on Wednesday he said that it will have no impact on state elections.

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“People have already stopped taking about budget, 24 hours after it was presented and I don't think this will have impact on state elections,” the former finance minister said.

Wishing for a better economy ahead, he said that the government should meet the growth rates of 8.5 per cent in UPA-1 and 7.5 per cent overall.

“Wish the government meets our growth rates of 8.5 per cent in UPA-1 & 7.5 per cent overall. All the best to them, but they aren't in position to do so,” he added.

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