Modi’s Note Ban Speech And RBI’s Recommendation Had A Gap of Just Hours, Says Report

The report snipes at the oft-repeated the statements by the government that the decision to pull out 86% of the currency in circulation was completely thought through and not an act of daredevilry. Between the Prime Minister breaking the news of demonetisation on television on November 8 and the RBI recommending it to the government – a must to demonetise money – there was just a gap of hours, reported Hindustan Times.