Thus in 2017-18 the capital formation was hit, so how can you claim to have robust economy after that. Hence Rahul Gandhi has demanded that heavy dosage of monetization to revive economy is needed. Industrialist who met Prime Minister and Finance Minister demanded Rupees one lakh crore of additional investment dosage to come out of crisis.

Even in Parliament, government is on record of closures and job losses after demonetisation. Hence as Finance Minister has come forward to acknowledge ‘slow down’, we expect government to ‘own’ the historic blunder of demonetisation.

It is time to demand that people who died in queue while changing notes in the banks be compensated along with MSME adversely affected and workers who lost jobs. It is important to note that Finance Minister openly said that tax authorities have been advised not to be over active in pursuing ‘tax evasion matters’.

Now this is necessary to note that as ‘Notebandi’ failed to bring out black money around which the whole ‘Notebandi Halo’ was created, government had to direct tax authorities to be overactive and which they gladly did.

Now this is to be reversed. This is U turn and an admission that Notebandi failed to bring out black money and adversely affected the economy.