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Reliance Industries Chairman Mukesh Ambani was all praise for Prime Minister Narendra Modi’s ‘demonetisation’ drive at the launch of his e-payment wallet Jio Money, yesterday. Ironically it was also the first pay day after ‘demonetisation’ that is for the salaried class which makes up about 20 % of India’s population. Still it was total mayhem. Long queues, no cash in banks, long waits, lathi charges, road blocks, bank employess running for life, …. many went home empty handed. Mind you, it was a big day for just the 20 % or less of India’s population. The government came a cropper in the first pay day after demonetisation. Still Mukesh Ambani was euologising Narendra Modi for his ‘bold move’. That’s understandable, that too at a function which will bring more business for his new business venture ‘Jio Money
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