Referring to Mr Daniel D’Cruz’ letter dated 14/1/17 and the following facts about demonetisation of Indian Rupee, it appears that he is used to giving garbled reports on Mr Modi’s statements and actions to spread false ideas.
Towards the new governments committment to fight against the 70 years old menace of black money and corruption, the supreme court of India had ordered to form the highest level of financial revenue and economic management called ‘Special Investing Team (SLT) involving the heads of Revenue, the Reserve Bank of India, the Intelligence Bureau, the Enforcement Directorate, the Central Bureau of Investigation (CBI), the Central Board of Direct Taxes and the Research Analysis Wing (RAW) etc as its members under Mr Modi’s chairmanship of Union Cabinet; and as ‘such on Nov 8, 2016 he announced the jointly calculated move of decommisioning of Rupee notes.
Mr Modi neither took the move independently on his own, nor in haste as it was well thought out over a period of two and a half years by SIT in the interest of the health of the Indian economy, and was praised by most of the economic institutions and economically advanced countries of the world.
RN Patel
Essex
