Follow us on
Welcome Guest! You are here: Home » India
Economic policies are being decided in "a sealed echo chamber of 2.5 persons": Arun Shourie

Tuesday October 3, 2017 10:46 PM, & Agencies

Arun Shurie with Modi

New Delhi:
Days after former Finance Minister and senior BJP leader Yashwant Sinha slammed the Modi government over its economic policies, Arun Shourie, another party leader of same stature, on Tuesday termed the demonitisation a "Money-Laundering Scheme" and also said major policy decisions are taken by just few.

In an interview with NDTV, former Union Minister Arun Shourie, said that major economic policies are being decided in "a sealed echo chamber" of "2.5 persons" whom he listed as "Amit Shah, PM Modi, and an in-house lawyer."

Shourie's derision of Finance Minister Arun Jaitley echoes that of Yashwant Sinha, who said the buck stops with Arun Jaitley for the economy plummeting to 5.7 per cent growth in the last quarter, marking a three-year low.

About Prime Minister Narendra Modi's favourite demonetisation or note ban, the senior BJP leader said, "It was the largest money-laundering scheme ever, conceived and implemented entirely by the government."

"It was an "idiotic jolt", he continued, "everyone who had black converted it into white."

Arun Shourie also slammed the government for the poor handling of GST, saying an important reform had been poorly implemented.

"The rules have been amended seven times within three months," he said.

"What makes it worse is the "event management of the GST -- imagine! A tax reform is being compared to the independence of India", he said about the special midnight session of parliament held to introduce the new tax in July.

The BJP responded by dismissing Sinha and Shourie as frustrated politicians who are avenging their sidelining by the party by publicly dissing its leadership. Shourie however brushed aside the party's response.

"This is their Standard Operating Procedure. They should publish a list in advance of frustrated persons" as a pre-emptive strike against disagreement", he said.

Share this page
 Post Comments
Note: By posting your comments here you agree to the terms and conditions of