• Tuesday, May 17, 2022

News

Modi losing friends as anger grows over Indian cash crackdown

Narendra Modi

By: Eastern Eye Staff

A leading political ally of Narendra Modi has abruptly distanced himself from the Indian prime minister’s move to scrap high-value banknotes, as broad initial support for the radical monetary reform showed signs of crumbling. The shift by N. Chandrababu Naidu, chief minister of the southern state Andhra Pradesh, came six weeks after Modi announced to a stunned nation that he would scrap 86 per cent of the cash in circulation. While Modi remains by far India’s most popular politician, any crack in his authority could have negative implications in state elections next year that will set the tone for his…

You do not have access to this content. You need to subscribe.

Eastern Eye

Related Stories

Eastern Eye

Videos

Mrunal Thakur on Dhamaka, experience of working with Kartik Aaryan,…
Nushrratt Bharuccha on Chhorii, pressure of comparison with Lapachhapi, upcoming…
Abhimanyu Dassani on Meenakshi Sundareshwar, how his mom Bhagyashree reacted…