It said that attempts to stop illicit trade flow have been made in the past as well, but what was derived from it was a question that remained answered in the past and there are no answers today as well.
Sena said questions are being raised about Modi’s poll promise of bringing back black money stashed abroad and depositing Rs 15 lakh in bank accounts of Indians.
“How far has the government been successful in bringing back black money from abroad is what people are asking,” it said.
“Modi answered the question in his style by demonetising Rs 500 and Rs 1,000 notes. Only time will tell if the government is able to achieve its objectives by doing so. The truth is that this decision will have far-reaching effects on the Indian economy,” it added.
“It was being said that the surgical strike against Pakistan was meant to tighten our grip over the neighbouring nation. But, firing, ceasefire violations are on at the borders ever since the strike. Demonetising currency was the second strike but if it actually pays dividends, only time will tell,” the editorial said.
(Sourced from agencies, feature image courtesy:oneindia.com)
