Onus falls directly on PM for ‘wrong’ & ‘insensitive’ decision of demonetization: Cong
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Onus falls directly on PM for ‘wrong’ & ‘insensitive’ decision of demonetization: Cong

New Delhi, Nov 8 : Holding Prime Minister narendra modi directly responsible for the ‘wrong’ and ‘insensitive’ decision to demonetize currency notes of Rs 500 and Rs 1000 two years ago, the Congress on Thursday said people of the country would give a suitable reply to the BJP in the coming assembly elections and the 2019 Lok Sabha polls.

Talking to reporters here, AICC senior spokesperson Anand Sharma said,’’ On this day two years ago, Prime Minister Narendra Modi took a wrong and insensitive decision. Whatever happened in the country after that, the onus of all of that falls directly on the Prime Minister.

Despite having forced 11 crore people to stand in queue outside banks and ATMs, hurting poor people and farmers and destroying small and medium industries, the PM and the BJP continues to defend the decision. The people will give a suitable reply to the BJP in the coming assembly elections to five states and in the 2019 Lok Sabha elections.’’

Mr Sharma said that while announcing demonetization, the PM had put forward four reasons for announcing the decision including removal of black money, ending fake currency, putting an end to terrorism and putting an end to cash transactions..

‘’Two years later, all the four objective that the PM had set out for demonetisaiton, have turned out to be false. In August this year, the RBI, in its report, said 99.3 per cent of the currency notes had returned to the banking system.

As for the number of cash transactions, the percentage of these , which stood at 4 per cent before demonetization, has increased to 80 per cent. Is the PM now willing to acknowledge his mistake and apologise to the country. The Indians will never forgive Mr Modi for the decision to demonetize currency. Today is the day of accountability for the PM ,’’Mr Sharma said. (UNI)