“Demonetisation I think was not a well-planned, well thought-out useful exercise. And I told the government that when the idea was first mooted.” He is being diplomatic. The truth is that it was a crazy idea dismissed by serious economists and advocated only by batty fringe groups. To push demonetisation as a cure for black money was the equivalent in economics of claiming cow urine cures cancer. We need to repeat this on every relevant occasion, because advocates of the process defended it as producing immediate pain but later gain.
Vladimir Putin had a telephone conversation with Prime Minister of India Narendra Modi at the Indian side’s initiative.
The two leaders had a constructive and friendly discussion of several current issues related to developing the privileged strategic partnership between Russia and India.
They agreed to continue contacts.
Modi is the most popular politician on Indian social media. His app has been downloaded more than five million times, and his Twitter account has 41.4 million followers.
Alderson alleged that whenever a user created a profile on Modi’s Android app, it shared their personal data without their consent.