{"id":5940,"date":"2017-10-10T00:33:11","date_gmt":"2017-10-09T19:03:11","guid":{"rendered":"http:\/\/www.altnews.in\/english-clone-2026\/?p=5940"},"modified":"2017-10-10T00:33:11","modified_gmt":"2017-10-09T19:03:11","slug":"bjp-cells-attempt-use-nobel-winners-name-endorse-demonetisation-backfires","status":"publish","type":"post","link":"https:\/\/www.altnews.in\/english-clone-2026\/bjp-cells-attempt-use-nobel-winners-name-endorse-demonetisation-backfires\/","title":{"rendered":"BJP IT cell&#8217;s attempt to use Nobel winner&#8217;s name to endorse demonetisation backfires"},"content":{"rendered":"<p>\u202a&#8221;<em>This is a policy I have long supported&#8230;.<\/em>&#8221; Desperate for positive endorsement of the controversial demonetisation experiment, the BJP IT cell must have been delighted to find this tweet of Richard Thaler, the recently announced winner of the Nobel Prize in Economics. Thaler is indeed a long-time supporter of less-cash economy. But the IT cell head Amit Malviya <a href=\"https:\/\/twitter.com\/malviyamit\/status\/917379386025721856\" rel=\"noopener\" target=\"_blank\">missed<\/a> an important and potentially embarrassing point in his hurry to tweet. \u202c<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_006-727x1024.jpg\" alt=\"BJP IT Cell head Amit Malviya\" width=\"640\" height=\"901\" class=\"aligncenter size-large wp-image-5950\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_006-727x1024.jpg 727w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_006-213x300.jpg 213w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_006-768x1081.jpg 768w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_006-696x980.jpg 696w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_006-298x420.jpg 298w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_006.jpg 956w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>\u202a&#8221;<em>Really? Damn.<\/em>&#8220;, <a href=\"https:\/\/twitter.com\/R_Thaler\/status\/796011969618780160\" rel=\"noopener\" target=\"_blank\">tweeted<\/a> Thaler when he was told about the introduction of Rs 2000 note in place of the discontinued Rs 500 and 1000 notes. His joy of seeing a step towards a cashless economy and reduction of corruption was short lived. \u202c<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5942 size-full\" src=\"http:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit1.jpg\" alt=\"\" width=\"960\" height=\"765\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit1.jpg 960w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit1-300x239.jpg 300w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit1-768x612.jpg 768w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit1-696x555.jpg 696w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit1-527x420.jpg 527w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<p>\u202aSure enough, twitter handle after twitter handle fell for the incomplete picture presented by Malviya. In a desperation for some positive news, not just BJP supporters but BJP leaders also tweeted about it.\u202c This included Union Minister Giriraj Singh, former BJP IT Cell Head Arvind Gupta, BJP Mumbai Spokesperson Suresh Nakhua and many others.<\/p>\n<p>\u202a<img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5943 size-full\" src=\"http:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit2.jpg\" alt=\"\" width=\"718\" height=\"960\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit2.jpg 718w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit2-224x300.jpg 224w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit2-696x931.jpg 696w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit2-314x420.jpg 314w\" sizes=\"auto, (max-width: 718px) 100vw, 718px\" \/><\/p>\n<p>\u202a<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_010-989x1024.jpg\" alt=\"Arvind Gupta Richard Thaler tweet\" width=\"640\" height=\"663\" class=\"aligncenter size-large wp-image-5951\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_010-989x1024.jpg 989w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_010-290x300.jpg 290w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_010-768x795.jpg 768w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_010-696x721.jpg 696w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_010-1068x1106.jpg 1068w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_010-406x420.jpg 406w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_010-32x32.jpg 32w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_010.jpg 1160w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5946 size-full aligncenter\" src=\"http:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit5.png\" alt=\"\" width=\"561\" height=\"601\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit5.png 561w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit5-280x300.png 280w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit5-392x420.png 392w\" sizes=\"auto, (max-width: 561px) 100vw, 561px\" \/><\/p>\n<p>Even after being informed multiple times about the misleading nature of his tweet, Amit Malviya refused to delete it. Eventually Piyush Goyal ended up retweeting his tweet, before un-retweeting it when the issue was brought to his attention.<\/p>\n<blockquote class=\"twitter-tweet tw-align-center\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">And now <a href=\"https:\/\/twitter.com\/PiyushGoyal?ref_src=twsrc%5Etfw\">@PiyushGoyal<\/a> has retweeted the misleading tweet because BJP IT Cell head doesn&#39;t care about misinformation and wouldn&#39;t delete it. <a href=\"https:\/\/t.co\/13vLaALVLk\">pic.twitter.com\/13vLaALVLk<\/a><\/p>\n<p>&mdash; Pratik Sinha (@free_thinker) <a href=\"https:\/\/twitter.com\/free_thinker\/status\/917430373222625281?ref_src=twsrc%5Etfw\">October 9, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Such was the delight that the tweet was even been converted into a poster, to run down Amartya Sen, India&#8217;s own Nobel laureate.\u202c<\/p>\n<p>\u202a<img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5944 size-full aligncenter\" src=\"http:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3.jpg\" alt=\"\" width=\"800\" height=\"800\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3.jpg 800w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-150x150.jpg 150w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-300x300.jpg 300w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-768x768.jpg 768w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-696x696.jpg 696w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-420x420.jpg 420w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-32x32.jpg 32w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-50x50.jpg 50w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-64x64.jpg 64w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-96x96.jpg 96w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/amit3-128x128.jpg 128w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>\u202aWhile on the topic of running down India&#8217;s own famous economists, the demonetisation fan club is also using this as an opportunity to discredit Raghuram Rajan. Unknown to them, this is what Thaler, a Professor at University of Chicago Booth School of Business, has to <a href=\"https:\/\/twitter.com\/R_Thaler\/status\/745349117199683584\" rel=\"noopener\" target=\"_blank\">say<\/a> about his colleague, Rajan.\u202c<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_011.jpg\" alt=\"Richard Thaler It will be great to have raghu back\" width=\"943\" height=\"628\" class=\"aligncenter size-full wp-image-5952\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_011.jpg 943w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_011-300x200.jpg 300w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_011-768x511.jpg 768w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_011-696x464.jpg 696w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/Selection_09_10_2017_011-631x420.jpg 631w\" sizes=\"auto, (max-width: 943px) 100vw, 943px\" \/><\/p>\n<p>\u202aDiscontinuation of Rs 500 and 1000 notes may well be seen as an application of Thaler&#8217;s concept of behavioral &#8220;nudge&#8221; to encourage a less-cash digital economy. The introduction of Rs 2000 note possibly negates the &#8220;nudge&#8221; towards a desirable behavioral outcome. Economists can continue to discuss how demonetisation can be seen in the context of Thaler&#8217;s work on behavioral economics. For now the rest can enjoy how the BJP cheerleaders are falling over each other to share his views without realizing that his final word in that demonetisation discussion was &#8220;Damn&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u202a&#8221;This is a policy I have long supported&#8230;.&#8221; Desperate for positive endorsement of the controversial demonetisation experiment, the BJP IT cell must have been delighted to find this tweet of Richard Thaler, the recently announced winner of the Nobel Prize in Economics. Thaler is indeed a long-time supporter of less-cash economy. But the IT cell [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":5954,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"an_content_type":[],"coauthors":[117],"class_list":["post-5940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BJP IT cell&#039;s attempt to use Nobel winner&#039;s name to endorse demonetisation backfires - Alt News<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BJP IT cell&#039;s attempt to use Nobel winner&#039;s name to endorse demonetisation backfires - Alt News\" \/>\n<meta property=\"og:description\" content=\"\u202a&#8221;This is a policy I have long supported&#8230;.&#8221; Desperate for positive endorsement of the controversial demonetisation experiment, the BJP IT cell must have been delighted to find this tweet of Richard Thaler, the recently announced winner of the Nobel Prize in Economics. 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But the IT cell [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.altnews.in\/english-clone-2026\/bjp-cells-attempt-use-nobel-winners-name-endorse-demonetisation-backfires\/\" \/>\n<meta property=\"og:site_name\" content=\"Alt News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/altnews.in\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/altnews.in\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-09T19:03:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2017\/10\/demo-fi.jpg?resize=1200%2C630&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sam Jawed\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" 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backfires - Alt News","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_GB","og_type":"article","og_title":"BJP IT cell's attempt to use Nobel winner's name to endorse demonetisation backfires - Alt News","og_description":"\u202a&#8221;This is a policy I have long supported&#8230;.&#8221; Desperate for positive endorsement of the controversial demonetisation experiment, the BJP IT cell must have been delighted to find this tweet of Richard Thaler, the recently announced winner of the Nobel Prize in Economics. Thaler is indeed a long-time supporter of less-cash economy. 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