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Manmohan Singh speaks in RS
Updated : Nov 24, 2016
Former Prime Minister Manmohan Singh spoke today in Rajya Sabha condemning the roll out of demonetisation as "monumental mismanagement" by the Centre. “This will hurt agriculture, small industry and everyone in the unorganised sector. My view is that GDP growth can fall by 2 per cent and that is an underestimate,” said the former prime minister as PM Modi listened on in the treasury benches during the debate in Rajya Sabha. The former PM further said he is in favour of ending black money but said he had issues with the measure Prime Minister Narendra Modi has taken to do so. "The PM has been saying that this is a way forward and that demonetisation will help curb terrorism; I do not object to this. But there has been monumental mismanagement in the implementation," Singh said in his address.