Backing Prime Minister Narendra Modi's "Indira rejected demonetisation" statement, the Bharatiya Janata Party (BJP) on Saturday said that Gandhi lacked the courage to adopt demonetisation.
"Many policies during the Indira Gandhi regime did not get implemented. There were no economic reforms or any progressive developments during her period. Of course, there were many changes that did take place, but license raj, permit raj continued. In that backdrop, Indira Gandhi might not have had the courage to go for demonetisation, though she was advised to do so," BJP leader S Prakash told ANI.
Applauding Prime Minister Narendra Modi's demonetisation move, Prakash said national interest is of utmost importance for the Prime Minister.
"Modi is one such bold leader who is unmindful of the outcome of election prospects. He has kept national interest paramount over other electoral benefits. It should be applauded and it needs support from all Indians," he said.
Prime Minister Narendra Modi on Friday said Indira Gandhi rejected suggestions for demonetisation in 1971, saying she wanted to win elections, but that resulted in poor economic conditions in the country.
Alleging that Indira Gandhi sold out India by ignoring advice to demonetise, Prime Minister Modi said, "She told her finance minister Y.B. Chavan: 'Are no more elections to be fought by Congress'?"
Stressing that the implementation of demonetisation policy was required in 1971, but it was implemented now, the Prime Minister, hitting out at the opposition at the BJP Parliamentary Party meet, said, "For the Congress, party is bigger than nation; but for us, the nation is above the party.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
