Noteban is biggest failed monetary experiment: Ajit Pawar

Image
Press Trust of India Mumbai
Last Updated : Nov 08 2018 | 6:15 PM IST

Senior Nationalist Congress Party (NCP) leader Ajit Pawar Thursday termed demonetisation as the "biggest failed monetary experiment".

On the second anniversary of demonetisation, he also said that people would give the ruling BJP (Bhartiya Janata Party) a "befitting reply" in 2019 general polls.

"Finally everyone is realising the impact of the biggest failed monetary experiment, conducted at the cost 1.3 billion Indians.

"People of this country will never forget this & give a befitting reply to the BJP in May 2019 #DestructionByDemonetisation," the former deputy chief minister said on Twitter.

On November 8, 2016, Prime Minister Narendra Modi had announced a ban on the use of bank notes in denominations of Rs 1,000 and Rs 500 with immediate effect as a measure to choke black money.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Nov 08 2018 | 6:15 PM IST

Next Story