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I would have quit if forced to implement note ban, says Chidambaram

He also criticised PM Modi over 'hasty' implementation of the GST

Press Trust of India  |  Rajkot 

P Chidambaram.
P Chidambaram.

Assailing Prime Minister over demonetisation, senior Congress leader today said he would have quit as finance minister if forced to implement the measure.

He also targeted Modi over "hasty" implementation of the GST, and his pet bullet train project.

"If my prime minister had asked me to do demonetisation, I would have advised him 'please don't', and if he had insisted, then I would have resigned," he told reporters on the sidelines of an event where he delivered a lecture on 'The state of economy'.

Noting that and "rushing through with the were two major mistakes" of the Modi government, he said, "was a bad idea, full stop. is a good idea, but it has been hastily implemented. It should have been implemented with due care and attention."

Pitching for a cap on the Goods and Services Tax (GST) at 18 per cent, the former Union minister flayed multiple slabs in the rate structure.

Delivering the lecture on the economy organised by the local trading community, Chidambaram said the prime minister's ambitious bullet train project between Ahmedabad and Mumbai should not have been a priority.

Focus, he said, should have been on improving safety, cleanliness, better compartments and stations, better signalling systems and improving suburban transport.

"Hardly 600 people will use bullet train (on one-way journey) when it is completed, and the government has borrowed the huge amount of money from Japan for this. Instead, the government should utilise the money for health and education, which the people want," he said, adding bullet train can become a priority 10-15 years later not now.

He also flayed the Gujarat model of development, saying "Vikas gandothayoche (development has gone crazy)". The Congress has launched a social media campaign in the poll-bound state by the same name.

Chidambaram criticised the Election Commission for not declaring the dates for Gujarat and Himachal Pradesh polls simultaneously.

"There was an unusual delay in declaring poll dates for Gujarat. The only conclusion is that the (central) government wanted to prevent the announcement of sops by the Congress government there (in Himachal) and wanted to do the same in Gujarat. The EC could have either declared it (the polls) together on October 12 or on October 24."


Apparently targeting the government over the arrest of journalist Vinod Verma in connection with the alleged sex tape scandal involving a Chhattisgarh minister, Chidambaram alleged efforts were being made to "silence" critics, especially journalists who do investigative stories.

First Published: Sat, October 28 2017. 19:10 IST
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