Demonetisation Is A Tragedy & Suicidal Attack: Rahul Gandhi
On the second anniversary of demonetisation, Congress President Rahul Gandhi in a press release called demonetisation a “tragedy”, adding that the move was a “self-inflicted, suicidal attack” that destroyed millions of lives and ruined thousands of India's small businesses.
Gandhi in the press release further criticised Finance Minister Arun Jaitley by calling him ‘incompetent’ and for defending the government’s ‘criminal policy.’
Demonetisation Has Cost BJP Every By-Election: P Chidambaram
Meanwhile, former Finance Minister P Chidambaram in an address to the media in Kolkata indicated that demonetisation has costed BJP all the by-elections since 2016, recent being in Karnataka.
Reiterating ‘consequences of demonetisation’, Chidambaram began his address by stating that the government failed to deliver on all the ‘three objectives’ at the time of the announcement of demonetisation. He further added that millions were in debt while the GDP fell by one and a half per cent, following the ‘infamous demonetisation’.
The Congress had also said it will hold a nationwide protest on Thursday, to mark two years of demonetisation. Meanwhile, the party has demanded that Prime Minister Narendra Modi apologise for “ruining and wrecking" the economy.
Demonetisation A Well Thought Cruel Scheme: Rahul Gandhi
Congress President Rahul Gandhi in a tweet denounced demonetisation as a sly scheme made for the prime minister's allies to turn their black money into white. The tweet that was put out in Hindi, also called ‘note-bandi’ a well-thought through cruel scheme.
‘Govt Cheated Our Nation With This Big Demonetisation Scam’: Mamata Banerjee
Congress leader Shashi Tharoor shared a graphic on the ‘cost of demonetisation’, which detailed the cost incurred in printing new notes, the jobs and lives reportedly lost, and the fall in the GDP post the exercise.
Senior Congress leader Ashok Gehlot also took to Twitter to claim that several people who had been affected by demonetisation, were still struggling to make ends meet.
West Bengal Chief Minister Mamata Banerjee, too, took to Twitter to slam the Modi government over its decision to demonetise currency notes of higher denominations, stating that the people would "punish those who took the decision”.
Meanwhile, CPI politburo member Sitaram Yechury questioned the lack of celebrations by the government.
The Aam Aadmi Party shared a video of Delhi Chief Minister Arvind Kejriwal touting demonetisation as the “biggest scam in the history of independent India.”
Congress to Hold Nationwide Protest
Congress leaders and workers will protest on Thursday against the "complete demolition" of the Indian economy unleashed by the "Tughlaqi farmaan" of demonetisation two years ago, spokesperson Manish Tewari said at a press conference on Tuesday, 6 November.
The prime minister stood up two years ago on November 8 and addressed the nation, demonetising almost Rs 16.99 lakh crore in circulation, Tewari said.
The three reasons given for demonetisation were that it would curb black money, weed out fake notes and proscribe terror financing, but two years later none of those objectives have materialised, Tewari alleged.