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Modi's Ghazipur speech showcases electoral value of cash ban

Demonetisation was a tough and bold move, with consequences both positive and difficult. It would be naïve to expect the BJP not to milk it for what it’s worth, given Modi’s formidable political skills.

November 15, 2016 / 13:06 IST
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Sitaraman Shankar

There may be chaos on the streets and anger at ATMs but hearing Prime Minister Narendra Modi speak at a political rally in Ghazipur in Uttar Pradesh brought home the power of the demonetization move and its potential to win elections for the BJP.

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At least some of the messy consequences of the week-old snuffing out of Rs 500 and Rs 1,000 notes had clearly not been anticipated, and to that extent the government ran the risk of running afoul of public opinion.

That result could have been brought about by a more skillful opposition dealing with a less adroit politician than Modi. Needless to say, barring some black swan, there is only one way that this debate is going to end: increased adulation for a popular PM and its spinoff benefits at the hustings in Uttar Pradesh and Punjab, and possibly the whole country in 2019.