Logo

Logo

Demonetisation a thoughtless action by NDA govt: Yechury

Alleging that demonetisation of Rs.500 and Rs.1,000 currency notes was a “thoughtless” action by the NDA government, CPI-M general secretary…

Demonetisation a thoughtless action by NDA govt: Yechury

Alleging that demonetisation of Rs.500
and Rs.1,000 currency notes was a “thoughtless” action by the NDA
government, CPI-M general secretary Sitaram Yechury on Sunday said the move has
put people into enormous inconvenience.

Yechury, who took part in ongoing
‘padayatra’ organised by CPI-M’s Telangana unit to highlight issues of
backward classes in the country, claimed that 75 people have lost their lives
due to the hardship owing to demonetisation.

Alleging that alternative currency
notes have not come into circulation, he claimed that RBI has said that it
would take 175 days for new notes to arrive.

Advertisement

BJP had described former Prime
Minister Manmohan Singh as ‘Maun Mohan Singh’, but Prime Minister Narendra Modi
is not speaking in Parliament now though he spoke outside, Yechury said.

Modi had said in 2014 that 90 per cent
of black money lay outside the country and that Rs 15 lakh would be deposited
in bank accounts of citizens, he said.

The NDA government had waived loans to
the tune of Rs 1.12 lakh crore for corporates, but why the Rs 75,000 crore
loans of farmers were not being waived, he questioned.

The new Rs 2,000 note would lead to
more corruption and scams, the CPI-M leader claimed, adding that a special
act be brought to check corruption.

Advertisement