Note ban a financial scam : Rahul

Note ban a financial scam : Rahul
Rahul Gandhi, Akhilesh Yadav and Mayawati (File)
New Delhi/Lucknow, Nov 9 (AGENCIES/IANS) | Publish Date: 11/9/2018 12:12:56 PM IST

Launching a scathing attack on Prime Minister Narendra Modi on the second anniversary of demonetisation, Congress president Rahul Gandhi on Thursday alleged that it was a “carefully planned criminal, financial scam” and described it as a “self-inflicted tragedy and a suicide attack that destroyed millions of lives”

“India will discover, no matter how the government tries to hide it, that demonetisation wasn’t just an ill-conceived and poorly executed economic policy with ‘innocent intent’ but a carefully planned, criminal financial scam,” he said in a statement. The people would not rest until they found the “full truth.”

“On the second anniversary of the Prime Minister’s monumental blunder, the government’s spin-doctors, including our incompetent Finance Minister, have the unenviable task of defending an indefensible, criminal policy,” he added.

On Twitter, he said it was a “brutal conspiracy and a shrewd scheme” that allowed Modi’s “suit-boot friends to convert their black money into white”.

Gandhi said that the worst affected by demonetisation were the poorest of the poor, who were forced to queue for days to exchange their meagre savings. “[Prime Minister Narendra] Modi’s demonetisation cost India over one-and-a-half million jobs and wiped out at least 1% from India’s GDP,” he said. More than 120 people lost their lives, small and medium businesses were smashed and the informal economy was devastated.

“November 8th will forever go down in the history of India as a day of infamy. With that one declaration of demonetisation, Mr. Modi took 86% of India’s currency out of circulation, bringing our economy to a grinding halt,” Mr. Gandhi said.

Meanwhile hundreds of Delhi Congress workers marched to the Reserve Bank of India office here on Friday on the occasion of the second anniversary of demonetisation, denouncing the great note-change exercise as “ill-fated” and “destructive” to the economy and the people of the country.

Mayawati, Akhilesh hit out at BJP 

The Samajwadi Party and Bahujan Samaj Party on Friday tried to corner the BJP over the demonetisation issue, terming it a failure and demanded an apology from the ruling party.

“They (BJP) had sought 50 days, but now two years have passed after demonetisation... People are still awaiting an answer that except ruining business and increasing unemployment, what benefit has it given? If the government considers it a success, it should tell (people) in whose pocket the benefit went,” SP chief Akhilesh Yadav said.

BSP supremo Mayawati, too, slammed the Bharatiya Janata Party for the decision. “After two years of demonetisation, any of the objectives as claimed by the BJP were not met. The BJP should offer an apology for the move. The BJP government at the Centre will be remembered as a government of failures in which none of the promises made to the people were fulfilled,” she said in a statement.

Describing the move as an “economic emergency”, the Dalit leader said resentment was brewing among the people as the BJP, which promised to bring back black money and ensure “acche din” (good days), stands exposed. “While demonetisation broke the back of the poor, it helped the BJP men make their black money white by depositing them in banks.

“Whatever facts and data available state that due to the immature decision taken in haste, nothing could be achieved except aggravating problems of the people,” Mayawati said.

The former Uttar Pradesh chief minister added that the saffron party should avoid “confrontation” with constitutional and autonomous bodies as it was not in the interest of the country.


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