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If Demonetisation fails, the country will go 20-25 years back: Raj Thackeray

Maharashtra Navnirman Sena President Raj Thackeray on Saturday took a dig at Prime Minister Narendra Modi for his demonetisation move and warned that if it fails, the country will be pushed behind by 20-25 years.
Raj Thackeray

Maharashtra Navnirman Sena President Raj Thackeray on Saturday took a dig at Prime Minister Narendra Modi for his demonetisation move and warned that if it fails, the country will be pushed behind by 20-25 years.

He accused PM Modi of “doublespeak” while addressing a meeting of party leaders and workers. “Prime Minister Narendra Modi has announced demonetisation to bring out black money and the BJP’s Janardan Reddy is spending Rs 500 crores on his daughter’s wedding,” he said.

Raising questions over the government’s claims that preparation for demonetisation of Rs 500 and Rs 1,000 rupee notes were made 10 months in advance, Thackeray asked if so, “then how come it (the new notes) bear the signature of the new (RBI) Governor (Urjit Patel)?”

Thackeray said while most of the political parties have already submitted their 2014 polls expenditure, the BJP still has not. “If there was so much aversion to black money, how did Modi get elected,” he asked.

Since the government is coming up with new announcements and directives over demonetisation every day Thackeray claimed that it is evident now such a major policy was rushed through without making a proper study or adequate groundwork on the implications.

“I have spoken to people in the BJP, I have discussed it with RSS people, nobody is happy, but they are all keeping quiet. Mohan Bhagwat has not yet reacted on it. I wonder what’s really going on,” Thackeray said.

He said even the Supreme Court has expressed concerns that the situation of demonetisation may turn into riots.

Thackeray slammed Modi over his meeting with NCP President Sharad Pawar saying, “In the morning, he (Prime Minister) gave an emotional speech in Goa on black money, and in evening, he praised Sharad Pawar, and says I came into politics holding Sharad Pawar’s fingers.”

He said everybody is claiming demonetisation is good for the nation but the PM is not telling people how it will benefit them.

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