In an article written for The Hindu on Thursday, interim Congress President Sonia Gandhi lashed out at the Centre over its disinvestment policy, alleging that the ‘fire sale of assets is to help the crony capitalists close to the government’.Mrs Gandhi, referring to former Prime Minister Manmohan Singh’s “prescient words in Parliament” that demonetisation would lead to a 2% drop in the GDP, said demonetisation in 2016 was the origin of the ongoing crisis in the Indian economy. In a piece titled “The distress sale of national assets is unwise”, she said: “The origin of the ongoing crisis in the Indian economy was the fateful night of November 8, 2016. Dr. Manmohan Singh’s prescient words in Parliament – that demonetisation would lead to a 2% drop in the GDP – were not heeded by Prime Minister Narendra Modi.”
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