Stepping up the opposition tirade against demonetisation, former Prime Minister Manmohan Singh today castigated the government and the Prime Minister over the move, saying its implementation was a “monumental management failure” and a case of “organised loot and legalised plunder.”
Singh, who spoke in the presence of Prime Minister Narendra Modi in Rajya Sabha, said the decision will result in decline of GDP by 2 per cent, it being an “under-estimate”.
He hoped the Prime Minister will find a practical and pragmatic decision to mitigate the sufferings of the common man and the poor who have been in distress after the decision.
He said agriculture, unorganised sectors and small industry has also been hit hard by it and people were losing faith in the currency and banking system.
“These measures convinced me that the way the scheme has been implemented, it’s a monumental management failure. And in fact, it is a case of organised loot and legalised plunder.
“It is not my intention to pick holes what this side or other side does. But I sincerely hope that the PM even in this late hour will help find us practical and pragmatic ways to provide relief to the suffering of the people of this country,” he said in Rajya Sabha as the debate on the issue resumed after Modi came into the House.
Earlier, Leader of Opposition Ghulam Nabi Azad requested Chairman Hamid Ansari and Leader of the House Arun Jaitley that the Question Hour should not be taken up as the Prime Minister was present in the House and the debate be taken up.
Azad’s request was readily accepted by the government with Jaitley saying that the debate should start immediately and Modi will certainly participate in it.
Participating in the resumed debate, Singh said it is important to take note of the grievances of the ordinary people who have suffered as a result of this imposition on the country “overnight” by the Prime Minister.
“My own feeling is that the national income, that is the GDP of the country, can decline by about 2 percentage points as a result of what has been done. This is an under-estimate and not an over-estimate.
“Therefore, I feel the Prime Minister must come with some constructive proposal on how we can implement the scheme and at the same time prevent the distrust that has been caused to the common people,” Singh said.
Here is how Twitter users reached and slammed Manmohan Singh on his speech in RS
Manmohan Singh as PM allowed the entire country to be mismanaged and claimed it was not his fault. Watched silently.
— Dr David Frawley (@davidfrawleyved) November 24, 2016
Dear ManMohan Singh, PM @narendramodi is doing the job of cleaning up the dirt you have left behind & you have the audacity of accusing him?
— Priti Gandhi (@MrsGandhi) November 24, 2016
Here is one from Mr Eminent Gurumurthy
The biggest joke of the decade is Dr Manmohan Singh accusing Modi govt of loot when the govt he presided holds the record for scams n loots
— S Gurumurthy (@sgurumurthy) November 24, 2016
Manmohan Singh and sonia gandhi shows promise for a new era..where robots could be a good companion for humans..
— Bobby Deol (@thebobbydeoll) November 24, 2016
After Manmohan Singh ji's speech,Sonia Gandhi G continuously repeating a dialogue frm film 3 Idiots- Bol Vo Rahe Hain..Par Shabd Hamare Hain
— Paresh Rawal (@Babu_Bhaiyaa) November 24, 2016
Pic 1: How Manmohan Singh thinks he looks like while speaking in Parliament.
Pic 2: How the world sees मनमोहन सिंह। pic.twitter.com/zq2H4prIWN
— Bhaad me Jaa.. (@iAbhishek_J) November 24, 2016
Glad Manmohan Singh ji spoke, even if he's wrong. Transformation from silent puppet to talking puppet is welcomed. Credit goes to PM Modi.
— Devika (@Dayweekaa) November 24, 2016
For Those Questioning What Change Would #Demonetizaton Bring In The Society, For Starters, It Made Dr Manmohan Singh Speak For 10 mins.
— Sir Ravindra Jadeja (@SirJadeja) November 24, 2016
In the long run we are all dead ~ Dr Manmohan Singh predicts Congress Party led by Rahul Gandhi in 2019 Lok Sabha Elections.
— Jiggs (@Sootradhar) November 24, 2016
Decade of Decay legacy left by Manmohan Singh was an unaccountable incompetent yet over paid corrupt administration .A LOST DECADE! pic.twitter.com/lz3KGpqMl2
— Naina (@NaIna0806) November 24, 2016
Pic 1: Manmohan Singh when PM
Pic 2: Manmohan Singh when Ex-PM pic.twitter.com/YdUTI1xKKX
— Kuptaan 🇮🇳 (@Kuptaan) November 24, 2016
Yeah Right that's why India was in Dire Straits while he was the PM of the Country… Manmohan Singh https://t.co/ouFZizdQpr
— Naina (@NaIna0806) November 24, 2016
The Politicians are shocked that the Prime Minster can SPEAK and lead the country they got used to Manmohan Singh silence #ArnabOnBlackmoney
— meera (@meera_Chopra) November 14, 2016
— SatyaVijayi (@SatyaVijayi) November 24, 2016