What penance will Modi undertake for ‘failed’ note ban, asks Shiv Sena

TIL Desk/National/Mumbai/ In the wake of Reserve Bank of India’s report that said 99.3 per cent of the junked notes returned to the banking system, the Shiv Sena has sought to know what penance Prime Minister Narendra Modi would undertake for plunging the country into “financial anarchy” through demonetisation.

The Sena said the note ban caused immense losses to the economy, affected the industry, caused the rupee to fall to its lowest level since Independence and made over a hundred people lose their lives, yet the country’s rulers were boasting about development.

“Since demonetisation plunged the country into a financial anarchy, what penance will Prime Minister Narendra Modi undertake to keep his promise to the country? The note-ban exercise was carried out to gain popularity,” the Sena asked in an editorial in the party mouthpiece Saamana.

The Uddhav Thackeray-led party was referring to Modi’s speech in Goa in November 2016, wherein he appealed to people to cooperate with him for 50 days (till December 30) and punish him if his intentions were wrong. “I have only asked for 50 days. Give me time till December 30. After that, if any fault is found in my intentions or my actions, I am willing to suffer any punishment given by the country,” he had said.