Demonetisation: Subramanian Swamy blames Arun Jaitely for ‘lack of preparedness’

  |   India News

BJP MP Subramanian Swamy on Sunday criticised the finance ministry alleging "lack of preparedness" in dealing with the demonetisation of two high-value currencies and said the ministry not being in loop of decision-making is "no excuse".

It is easy to argue that the ministry was not in the loop, but that is no excuse for not having a contingency plan," Swamy said.

The Rajya Sabha member, who had consistently attacked former RBI governor Raghuram Rajan and had also taken potshots at Finance Minister Arun Jaitley, said, "The previous government gave the contract for currency paper to the same London-based company that supplies currency paper to Pakistan, helping Pakistan counterfeit Indian notes and finance militancy in India at zero cost."

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