Terming the Budget 2017 proposals as populist, JIM ROGERS, chairman of Rogers Holdings and author of Street Smarts: Adventures on the Road and in the Markets tells Puneet Wadhwa that the Modi government has done a lot of mistakes in its tenure, including demonetisation, which was a move to give himself and his government more control. Edited excerpts:
What is your interpretation of the Budget proposals?
It was certainly a populist budget. Mr Narendra Modi knows that he has an election coming up. He certainly has heard from a lot of people and is trying to make those people feel better. The demonetisation move, even if it was a good, it was badly done. He has surely hurt a lot of people