One year of demonetisation: Narendra Modi tried to do an Indira Gandhi but ended up being another Morarji Desai
7 years, 4 months ago

One year of demonetisation: Narendra Modi tried to do an Indira Gandhi but ended up being another Morarji Desai

Firstpost  

When the country is getting ready to celebrate the first anniversary of the demonetisation day on 8 November, it is inevitable that the question will be asked: has the momentous decision confirmed Narendra Modi’s place in India’s history? The prime minister’s 8 November address last year de-legitimising the Rs 500 and Rs 1,000 currency notes was a historic occasion; he promised the nation that he was taking this extraordinary step to make India free of black money and fake currency, to put an end to the twin menace of corruption and terrorism in one stroke. Possibly, Modi had taken a cue from his predecessor Prime Minister Indira Gandhi who had taken a similarly historic decision almost five decades ago by resorting to bank nationalisation with a vow to put an end to poverty. He wrote to the Prime Minister: “If you wanted a change in the Finance Ministry you could have discussed it with me… But now, you have behaved towards me in a manner in which no one would behave even with a clerk.” Prime Minister Gandhi went on to establish her authority over the party and went on to make bank nationalisation the biggest plank of her Garibi Hatao slogan. Morarji Desai, by the turn of history when he became the prime minister, had also taken such a step to unearth public money.

India Prime Money Black Demonetisation Black Money Bank Gandhi Rbi Modi Narendra Modi Indira Gandhi Indira Morarji Desai Morarji 8 November Bank Nationalisation Minister Desai  tried  bank  indira  prime  demonetisation  money  black  minister  desai  modi  narendra  morarji  ended  gandhi

History of this topic

2024 Lok Sabha poll: Patnaik’s fading sway and scattered campaign hurt BJD
9 months, 3 weeks ago

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Hindustan Times  

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PM Modi's blistering attack on INDIA: 'Who once said Indira is India, India is Indira, are now...'
1 year, 7 months ago

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India TV News  

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2 years ago

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Live Mint  

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2 years, 10 months ago

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India TV News  

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3 years ago

Narendra Modi pays homage to Morarji Desai on 126th birth anniversary, lauds him for nation building skills

Firstpost  

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3 years, 1 month ago

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3 years, 1 month ago

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India Today  

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5 years ago

After Patel, BJP to take over Morarji's legacy?

India TV News  

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5 years, 9 months ago

Next five years crucial to regain India's global position: Modi

The Quint  

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5 years, 10 months ago

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Deccan Chronicle  

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6 years ago

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The Quint  

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6 years, 7 months ago

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Deccan Chronicle  

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6 years, 7 months ago

How Karunanidhi outwitted Morarji Desai, CS, Indira Gandhi

The Hindu  

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7 years, 4 months ago

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Deccan Chronicle  

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7 years, 4 months ago

Indira's legacy: A role model for Modi?

Deccan Chronicle  

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7 years, 10 months ago

Modi@3: With 2019 in Sight, Await More Politics & Less Governance

The Quint  

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8 years ago

India's second tryst

Deccan Chronicle  

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Jaws of oligarchy: How RSS Attacked Indira Gandhi for the same authoritarianism the Modi govt exhibits today
8 years, 7 months ago

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Firstpost  

Most of the critiques levelled at the current regime’s style of functioning draw intellectually from the Left’s notions of state power and liberal notions of authoritarianism – both of these are in the light of experiences with Right-wing authoritarian regimes. An editorial note in the RSS mouthpiece Organiser titled “A Fascist State?” published in the Deepawali issue of 1984 enlightens …

Indira's death anniversary: Congress attacks PM Modi
10 years, 4 months ago

Indira's death anniversary: Congress attacks PM Modi

India TV News  

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Aided democracy
11 years, 6 months ago

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The Hindu  

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12 years, 4 months ago

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The Hindu  

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The New Prime Minister
48 years ago

The New Prime Minister

The Hindu  

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