Congress Vice President Rahul Gandhi said Thursday that India’s Prime Minister (PM) Narendra Modi used his vast powers to unleash “terror on citizens” with the imposition of demonetization decision last year on November 8.
Rahul Gandhi was speaking at an event organized by a leading industry association PHD Chamber of Commerce and Industry.
Gandhi attacked Modi’s Bharatiya Janata Party (BJP) government for leaving the Small and Medium Enterprises (SMEs) in a lull with its policies.
“On November 8, we will mark the death anniversary of 500 and 1000 rupee notes. PM didn’t understand the fundamental economic point that all cash is not black and all black is not cash,” he said.
Modi had demonetized currency notes of Rs. 500 and Rs. 1000 last year with the belief that his decision will help check corruption and stop the flow of black money in the country. But his decision has caused a total chaos and corruption has, in fact, increased manifold in India.
Meanwhile, the Opposition Coordination Committee – a group of 18 opposition parties in India – met Monday to discuss the adverse effects of demonetization.
Legislators, along with civil society leaders, have resolved to observe November 8, 2017, the first anniversary of the Demonetization Disaster, as Black Day in the country. In response, BJP has decided to observe November 8 as “Anti Black Money Day.”
Photo courtesy: Congress
Support Independent Fearless Journalism
In today's media world controlled by corporates and politicians, it is extremely difficult for independent editorial voices to survive. RMN News Service has been maintaining editorial freedom and offering objective content for the past over 7 years despite enormous pressures.
In order to serve you fearlessly in this cut-throat world, RMN News Service urges you to support us financially with your donations. You can choose the amount that you want to donate from the options given below.
You also can select any of the Payment Methods:
Offline Donation: To know our bank details for online bank transfer and payment by cheque in Indian rupees.
PayPal: To make payment by Credit / Debit Card or PayPal account.