Delhi’s CM proposal to arrest fall in Indian currency invites criticism

By: News Desk
Published: 02:37 PM, 26 Oct, 2022
Delhi’s CM proposal to arrest fall in Indian currency invites criticism
Caption: Delhi Chief Minister Kejriwal.
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Delhi Chief Minister Arvind Kejriwal’s proposal to put the images of Hindus goddess Lakshmi and lord Ganesh on India’s currency notes in order to arrest its free fall has invited criticism.

Indian researcher Ashok Swain termed the chief minister’s idea strange. 

In a tweet, the Indian commentator has dubbed Kejriwal’s proposal as another ‘Nobel Prize-winning’ idea after demonetization.

Delhi Chief Minister Arvind Kejriwal Wednesday made an appeal to the BJP government to put the photos of lord Ganesha and goddess Lakshmi on currency notes along with Mahatma Gandhi's photo. 

He said putting the photos of the gods on the currencies will ensure that the people of the country are blessed in their efforts to better the economy.

"If the gods are on the currency notes, the entire country will get their blessings. Lakshmi is the goddess of prosperity and lord Ganesha is a god who keeps away troubles," added Kejriwal.

Pertinent to note that on Nov 8, 2016, India announced the demonetisation of all Indian rupee 500 and 1,000 banknotes of the Mahatma Gandhi Series. 

Prime Minister Narendra Modi claimed that the action would curtail the shadow economy, increase cashless transactions and reduce the use of illicit and counterfeit cash to fund illegal activity and terrorism.

The announcement of demonetisation was followed by prolonged cash shortages in the weeks that followed, which created significant disruption throughout the economy.

Categories : South Asia