Demonetisation equivalent of ‘Financial Pokhran’: Gurumurthy

Demonetisation decision is the equivalent of ‘Financial Pokhran’, RSS ideologue S Gurumurthy said on Monday visualising a paradigm shift in economy that will begin a process of bringing down real estate prices and encourage transparency. 

Terming the demonetisation a “Financial Pokhran”, Gurumurthy said when people have excess cash there is always an urge to buy things which are not necessary and that leads to “irresponsible and heartless spending”. Demonetisation would bring about a huge change.

“Just like Pokhran brought about a change which was unimaginable. Who would have thought America would look at India. If you had not exploded atom bomb they won’t have looked at you....

“That is why post Pokhran India is a paradigm shift likewise this ‘Financial Pokhran’ is a paradigm shift but it requires a very different mind to understand, articulate this and make people understand,” he said.