Modi Govt’s sinister overtures to pounce on the RBI treasury is Demonetisation Part-II ‘Spinning Lies’, ‘Weaving False Narrative’ & ‘Knitting Sugar Coated Alibis’ is a nefarious ploy of the Modi Govt to trample upon the Institutional Integrity of the RBI ! RBI Reserves are Nation’s Social Wealth & Modi Govt wants to distribute it to its Crony Friends ‘Modi Made Disaster of Demonetisation’ shaved off 1.5% of India’s GDP and severely denigrated the institutional autonomy of the RBI, now PM Modi plans Demonetisation Part -2 that will again shave off 2% of India’s GDP in one shot. According to public information, Modi Govt is coercing RBI to pay a special dividend of Rs 3.6 lakh crore, equal to nearly 40 percent—pause and repeat, 40 percent—of reserves accumulated over decades. This is 2% of India’s GDP. Staring at an imminent defeat in the 5 state elections and the ensuing Lok Sabha elections, a desperate Modi Government wants to grab the family silver of the RBI in order
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