After DeMoScam, now Govt arm-twisting RBI for Rs 3 .6 lakh Cr : Amit Mitra
West Bengal

After DeMoScam, now Govt arm-twisting RBI for Rs 3 .6 lakh Cr : Amit Mitra

Kolkata, Nov 8: West Bengal Finance Minister Dr Amit Mitra said, " Today is a very dark day when two years ago on November 8, 2016 the NDA Government let loose a destructive and despotic policy of demonetisation, destroying the livelihoods of millions of farmers, crores of entrepreneurs in the informal sector, crippling small businesses and ruining small traders, across the length and breadth of the country.

"Looking back, the Nation is asking, “For whose benefit did the NDA Government undertake this draconian step?” There is a deep feeling in the minds of the people that two years ago a most sinister scheme was let loose on the Nation which tantamount to a massive scam, he said.

Dr Mitra said in defending demonetisation, the Advocate General of India said to the Supreme Court that one thirds of the banned notes of Rs.500 and 1000 will NOT return to the banking system, thereby destroying huge black money. (UNI)