Addressing the members of the Rajya Sabha on Thursday, former Prime Minister Manmohan Singh called out Prime Minister Narendra Modi on demonetisation, labelling the move as an “organised loot.”
He was also very critical of the handling of the process, saying, “There has been a monumental mismanagement in the implementation of demonetisation. I hope that the prime minister will help us find practical ways to give relief to people who are suffering.”
#RajyaSabha debates on #DeMonetisation; #Manmohansingh calls it 'organised loot' https://t.co/WEpljId3YT pic.twitter.com/LPCId1YqIF
— Firstpost (@firstpost) November 24, 2016
Despite this, the former prime minister’s primary concern was our GDP, which he claimed would decline by 1.5-2 percent at a minimum. Economic experts are supportive of Singh’s claims, but some see this as a political move.
People’s reactions were largely along the same lines as well.
One may differ with Dr.Manmohan Singh's politics. But everyone respects him as an economist. His forecast of 2 ℅ decline in GDP is worrying.
— Prof. Ashish Khetan (@AashishKhetan) November 24, 2016
Less rhetoric, more economics!
Octogenarian Manmohan Singh still comes across as most credible voice in RS on economics. Many others more rhetoric than reason!
— Rajdeep Sardesai (@sardesairajdeep) November 24, 2016
Maybe we should all take him more seriously…as far as economic policy is concerned at least.
Politics aside, if an astute economist like Manmohan Singh makes a point on #DeMonetisation , @arunjaitley should give it a serious ear.
— Rana Ayyub (@RanaAyyub) November 24, 2016
Manmohan Singh’s critics had a lot to say as well.
#ManmohanSingh attacks #Demonetisation, calls it #OrganisedLoot & #LegalisedPlunder. My #cartoon pic.twitter.com/YT8Li0yvxX
— MANJUL (@MANJULtoons) November 25, 2016
"In The Long Run We Are All Dead. So Why Fight Against Corruption?"- That's Economist Dr Manmohan Singh's Logic!#विपक्ष_की_दाढ़ी_में_तिनका
— Sir Jadeja fan (@SirJadeja) November 24, 2016
One even called him a hypocrite.
When Life Gives You PM Make Sure Its Narendra Modi, Not Hypocrites Like Manmohan Singh & Arvind Kejriwal.#BlackMoney #DeMonetisation
— Sir Jadeja fan (@SirJadeja) November 24, 2016
#Manmohansingh calls demonetisation organised loot, legalised plunder. Keen to know his views on daylight robbery under his watch. #UPA
— Chitra Subramaniam (@chitraSD) November 24, 2016
More importantly, some were just surprised that Manmohan Singh actually has a voice.
Pic 1: Manmohan Singh during UPA Government
— Sand-d Singh (@Sand_In_Deed) November 24, 2016
Pic 2: Manmohan Singh during BJP Government pic.twitter.com/BYqXaRxUK7
Why break the silence now?
Frmr PM Manmohan Singh Who Was Silent On 2G, CWG, Coal Scam, Vadra Gate, Agusta, Tetra etc Suddenly Started Speaking Against #DeMonetisation
— Sir Jadeja fan (@SirJadeja) November 24, 2016
We’re sure you also have something to say on the matter as well. Do let us know what you think on our Twitter feed and on our Facebook page or in the comments section below.