Monday, November 14th, 2016

Subramanian Swamy slams Arun Jaitley for poor planning

Narada Desk | November 14, 2016 11:22 am Print
“I am appalled by the lack of preparation. We have been in power for nearly two-and-a-half years. The finance ministry should have prepared for this from the very first day," says Swamy
Union Finance Minsiter Arun Jaitley and BJP leader Subramanian Swamy

Opposition parties have been lashing out at the Centre over the sudden demonetisation and the way it has brought chaos all over the country. Now the flack is coming from the government’s own party members with BJP MP Subramanian Swamy slamming Finance Minister Arun Jaitley for ‘lack of preparedness’ in dealing with the demonetisation of Rs 500 and Rs 1,000 notes.

Swamy, who is a member of BJP’s national executive committee, said: “I am appalled by the lack of preparation. We have been in power for nearly two and a half years. The finance ministry should have prepared for this from the very first day. It is easy to argue that the ministry was not in the loop, but that is no excuse for not having a contingency plan.”

Swamy, a Harvard alumni, is currently in Hong Kong to deliver a talk on anti-corruption efforts in India at the Foreign Correspondents Club on Monday. “Ad hoc roadside kiosks should have been set up for all and special kiosks organised for senior citizens. All these should have been planned as part of a contingency plan,” Hong Kong’s South China Morning Post daily quoted Swamy as saying.

When Swamy was asked about the government’s failure in bringing black money from offshore accounts, he replied, “That question has to be directed at the finance ministry, not me. I have no clue why nothing has been done.”

Finance Minister Arun Jaitley on Saturday informed that ATMs had not been recalibrated and that it would take up to 3 weeks for all the 2 lakh teller machines to start dispensing the new currency notes.

Prime Minister Narendra Modi on Sunday in his address in Goa asked citizens of the country to put up with the inconvenience of demonetisation for 50 days, or until December 30.

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