Wednesday, November 16th, 2016

Demonetisation has hurt honest people the most, says Sharad Yadav

Narada Desk | November 16, 2016 5:05 pm Print
He said the government’s claim that the demonetisation move was kept secret until the last moment is false as many BJP leaders already knew about it.
As the winter session of the Parliament started on Wednesday, the Opposition parties lashed out at the Modi government over the demonetisation of Rs 500 and Rs 100 notes and demanded the rollback.
Janata Dal (United) leader in Rajya Sabha Sharad Yadav said the government’s decision to demonetise high denomination notes has hit the honest people the most. He added that the government would not be able to bring black money back in the next 10 years.
He pointed out that farmers in the country deal in cash and not in cheques. “We are against black money and its circulation should be stopped. But, I can say that the government will not be able to bring back black money from abroad in the next 10 years,” Yadav said in the upper house of the Parliament.
He said the move would compel the common man to jump off Rajdhani train. “The decision of the government has hit honest people the most. All the markets are closed, farmers and daily wage earners are suffering,” said Yadav.
“The farmers don’t do transactions through cheques. Their transactions are done in cash. What have you done for the farmers? What relief are you going to provide to the farmers?” Yadav asked the government.

Yadav said that the government did not take any party into confidence before announcing the demonetisation move.  He quipped saying he is a good friend of Finance Minister Arun Jaitley and he should have at least informed Yadav about the move.

He said the government’s claim that the demonetisation move was kept secret until the last moment is false as many BJP leaders already knew about it. Yadav asked that there should be an inquiry into this matter by appointing Joint Parliamentary committee (JPC).

Loading...