P Chidambaram says people

Backing Congress president Rahul Gandhi’s assertion that demonetisation was the biggest scam in India, former finance minister P Chidambaram on Friday said that people have more cash in hand today than prior to demonetisation.

“Today, the cash with public is equal or more than the cash (they had) prior to 8 November, 2016. The cash in the hands of people is a good 1.4 percent more than what it was on 8 November, 2016. Of the total 11 percent household savings, 2 .8 percent is in cash. read more