07-02-2017 12:18 via news.yahoo.com

India's Modi says cash crackdown is a fight for the poor

By Manoj Kumar NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi on Tuesday defended his decision to abolish high denomination bank notes that has left the economy reeling, calling it a "fight" for the poor. Modi's comments came days before the start of a regional assembly election in Uttar Pradesh, a battleground state that is home to one in six Indians and will help determining his chances of winning a second term in 2019. While the decision to outlaw 500- and 1,000-rupee bank notes la
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