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Congress party while attacking the Modi government on Tuesday has alleged that demonetisation was the “biggest destroyer of livelihoods and small businesses”, as it demanded a white paper from the Modi government on the 2016 move.
Congress president Mallikarjun Kharge said it has been six years of “organized loot and legalized plunder”, and claimed that it “killed aspirations” and plunged India’s growth.
“Tribute to those 150 people who lost their lives due to demonetisation disaster. As we observe six years of this epic failure, it is important to remind the PM about the ill-conceived calamity which he thrust upon the nation,” Kharge said in a tweet.
6 years of ‘Organised Loot & Legalised Plunder’
Tribute to those 150 people who lost their lives due to #Demonetisation disaster.
As we observe 6 years of this epic failure, it is important to remind the PM about the ill-conceived calamity which he thrust upon the nation.
1/
— Mallikarjun Kharge (@kharge) November 8, 2022
PM Modi,
Will you ever apologise for this epic disaster ?
Will you ever pay tribute to those 150 who lost their lives in bank queues or medical emergencies, and provide solace to their families ?
Would you ever understand the pain that #DeMo inflicted on our people ?
7/7
— Mallikarjun Kharge (@kharge) November 8, 2022
Addressing a press conference on the sixth anniversary of demonetisation at the AICC headquarters, Congress leader Gourav Vallabh said Prime Minister Modi had surprised all by declaring that currency notes of Rs 500 and Rs 1,000 were being scrapped on this day in 2016 and the decision triggered “panic, creating unspeakable problems linked to cash and destroying countless small and medium businesses”.
“It has been six years since independent India’s “greatest organised loot”, Vallabh said and accused the government of destroying the economy through demonetisation.
Cash in circulation today is Rs 30.88 lakh crore, while it was merely Rs 17.97 lakh crore in November 2016, he said.
