His reaction arrived a working day right after Lieutenant Standard D S Hooda (Retd), who was the Northern Military commander when the surgical strikes were being carried out on September 29, 2016 across the Line of Management, claimed that there was “much too a great deal hype” above the operation and it was politicised.
In a sequence of tweets, Chidambaram said it was former Chief Economic Advisor (CEA) Arvind Subramanian, who very first broke his silence by terming demonetisation a “large financial shock”.
The previous finance minister explained that just after Subramanian, the not long ago-retired Chief Election Commissioner O P Rawat said demonetisation had no influence on the use of black cash in elections.
Now, it is Hooda, who has “decried the hype around the so-named ‘surgical strike’ and its politicisation by govt”, Chidambaram explained, incorporating, “Glad to see essential individuals shedding their fear and breaking their silence”.
Last month, Subramanian had elevated fears relevant to take note ban. Six months soon after resigning as CEA, he described demonetisation as a “significant, draconian, monetary shock”.
Two days right after his retirement, Rawat had reported the observe ban did not decrease the misuse of black revenue in elections but in simple fact, in some states, much more seizures were being reported as opposed to preceding decades.
The government experienced banned old Rs 1000 and Rs 500 notes on November 8, 2016 with an aim to test corruption and black funds aside from other people.