Prime Minister Narendra Modi was present in parliament as his scheme to abolish 500 and 1,000-rupee notes was labelled "a monumental management failure" by his predecessor, Dr Manmohan Singh. "I do not disagree with these objectives, but there is monumental mismanagement of which there are no two opinions in the country as a whole," said Dr Singh, whose government was decisively defeated by PM Modi two years ago.
"I would like to know from the Prime Minister the names of any countries he may think of where people have deposited their money in the banks but they're not allowed to withdraw their money. This alone is enough to condemn what has been done in the name of greater good," he further added.