....factually incorrect with utterly confused and irrational perceptions .....the writer appears to be a partner in crime against the nation that congress indulged in for 65years ! Modi's coming to power with his hugely successful, pragmatic, and strategic play with economics and finances of the Nation has brought out ONE CLEAR FACT......THIS WRITER KNOWS NOT A DIME ABOUT ECONOMICS AND GOVERNANCE.....he is simply fooling around under the protection of an italian housewife he must be doing "jee hujoori" day in and day out to from the rajiv-gandhi foundation that he is connected to making him an obvious anti-Modi with no reason ! his purpose is served as he has managed to please the italian housewife by posting this article here with rediff's consent !
Tughlaq blundered by declaring that the value of gold, silver and copper coins would be considered equal.
Following this, common people deposited all their copper coins in the royal treasury and exchanged them for an equal number of gold coins, thus converting the treasury from a huge hoard of gold coins to one of copper coins.
Realising late that he will have trouble running the sultanate with copper coins, the Sultan reversed his decision as suddenly as he announced it !
Modi has emulated Tughlaq to the extent of suddenly making a foolish announcement.
He might as yet be forced to emulate Tughlaq in reversing his decision too !!
It has started backfire to central government decision to ban notes without preparation. Government may had printed lower denomination notes enough in advance.
After Frof. Amartya Sen, B.Arthreya gas also commented against the ill advised demonitisation as anti-poor and pro corrupt. Thanks to both of them for educating the public about the rhetoric of the ill informed bad politicians.
