The former PM and renowned economist’s predictions were as true as his current diagnosis on the impact of the twin diktats. On November 24, 2016, two weeks after the notorious note bandi decision announced by Prime Minister Narendra Modi to render invalid the Rs 1,000 and Rs 500 notes, former PM Manmohan Singh had described the diktat in the following words: “monumental mismanagement, legalised plunder and organised loot”. The forever soft-spoken Singh, so derided for his perceived gentleness, was never before so crisp and harsh at once as he was…
Read MoreOn demonetisation and GST, Manmohan Singh has the last laugh and not Modi
