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He asserted that only those who know they face defeat will follow a scorched-earth policy. “As I had said, more panic-driven measures are in the offing, but where is the money?” the former finance minister tweeted.
“The BJP government is following a scorched-earth policy. It will spend money it does not have and it will leave a huge unpaid bill for the next government,” he wrote on the microblogging site.
The Congress has been accusing the BJP of taking hasty decisions to woo voters just ahead of the 2019 Lok Sabha polls.
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The BJP has hailed the move as historic and one that is pro-poor.