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Since the BJP government took power, India has had multiple faux pas from the central government front. They swapped out Raghuram Rajan with a no name yes man a
by harichinnan 8y ago
Since the BJP government took power, India has had multiple faux pas from the central government front. They swapped out Raghuram Rajan with a no name yes man as the governor for central bank. Then they did demonetization, a quixotic adventure at getting rid of black money by making all legal tender obsolete on one fine morning. This caused deaths amongst people standing in queues in front of ATMs. They couldn't print the new money fast enough. To protect the new money from being used in black market, the party spread a rumor about some advanced tech embedded in currency to make it easy to track from satellites. This is demonetization 2.0 and would permanently damage all progress Indian startups made in FinTech space.
- harichinnan 8y agoWhy would you just downvote this without posting your disagreement. This looks like an attempt to censor anyone who's not thrilled with the Modi government. I didn't know HN also had armies of Sanghies.
- rajathagasthya 8y ago> This looks like an attempt to censor anyone who's not thrilled with the Modi government. I didn't know HN also had armies of Sanghies. Please keep Reddit and Twitter-like comments out of HN.
- shripadk 8y agoSame Raghuram Rajan knew about the massive PNB bank scam and did nothing?