Demonetisation costed India 2 per cent GDP : Owaisi

In a harsh criticism of Prime Minister Narendra Modi over demonetisation, All India Majlis-e-Ittehad-ul Muslimeen (AIMIM) chief Asaduddin Owaisi on Thursday said that it was because of the former’s ‘impulsive’ decision that people were pushed into distress and the country lost 2 per cent GDP.

Speaking to ANI, Owaisi termed demonetisation as a “complete disaster”.

“Apart from distress, apart from people losing lives, 2 per cent is the loss of GDP. What else did demonetisation give us? Who will take responsibility of all this? The decision lies in the door step of the Prime Minister and because of his impulsive decision, the country lost 2 per cent GDP. It is a completely disaster,” he said

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