There’s much talk on the role played by the central bank as well. Officials pointed out that RBI Governor Urjit Patel should have provided realistic assessments on how this plan should be carried out, especially since it has all the data it needs regarding the rural and urban distribution of banks and ATMs and the printing capacity at mints around the country.
Questions are also being asked as to why only Economic Affairs Secretary Shaktikanta Das has been given the responsibility of interacting with the media, and through it to the larger public. And why has not much been heard from other senior planners, including Finance Secretary Ashok Lavasa, Financial Services Secretary Anjuly Chib Duggal and indeed RBI Governor Patel?
(Sourced from agencies, feature image courtesy:economictimes.indiatimes.com)
