The economy was doing well and thus our decision was taken at the right time," he said. "Like Swachh Bharat, the decision on demonetisation is a movement to clean India (from corruption and black money)," Modi said today. Modi's defence of demonetisation, however, runs counter to many top economists, who had protested the decision when the Indian economy was doing well. "Demonetisation in a booming economy is like shooting at the tyres of a racing car," he had said. Also read:PM Narendra Modi LIVE in Parliament: They don't want demonetisation debate because I gain from itPM Modi knows why Uttarakhand earthquake happened.

Source: India Today February 07, 2017 08:10 UTC