Kolkata,
Nov 7: West Bengal Chief Minister Mamata Banerjee today said
demonetisation is a big scam.
“Demonetisation is a big scam. I repeat, demonetisation is a big scam. If thorough investigation is conducted, this will be proved,” she said, “The ill-famed #Noteban 8 November is approaching,” Ms Banerjee posted on her social networking page. The chief minister said demonetisation was not to combat black money. It was only to convert black money into white money for vested interests of political party in power. Black money became ‘white fund’ for them and the country was plunged into darkness, she said. Ms Banerjee said no black money could yet be brought out from the foreign accounts.In all practical sense, it yielded big, big zero. Neither demonetisation could combat terrorism, nor black money nor aid to development of the country, she said. The chief minister said by the devil act of demonetisation, the country has already lost its GDP worth nearly Rs.3 Lakh Crore. Crores of workers, particularly in the informal sector, lost their jobs. Farmers were left to starve. Over 100 people lost their lives. People had no access to their own money in banks, even in emergency, Ms Banerjee said. The memories of untold sufferings and pain thrust upon the common people still haunt our minds, she said. “From Day 1, I had protested against this draconian decision of demonetisation by the central government and requested for its immediate withdrawal,” the chief minister remarked. Ms Banerjee said the Indian economy has been ruined; so has plummeted the growth rate of the country. The GDP fell to 6.1 per cent growth in between January and March, 2017 compared to 9.1 per cent in the previous year. It further plummeted to 5.7% between April and June, 2017, compared to 7.9 per cent in the previous year, she said. The chief minister said more than 75,000 industrialists were compelled to leave India and settle abroad and become NRI because of harassment in the prevailing situation. Business potential worth lakhs and lakhs of crore in India was thus lost. Demonetisation was a Black Decision worth every sort of condemnation, she said. “8th November #Nov8BlackDay this year will be observed as “Kaala Dibas” (Black Day) to protest against demonetisation and the unparalleled damage it caused to the country and its economy,” Ms Banerjee said. “We are for all the people who suffered and still continue to suffer. Their fight is our fight and we are committed to stand by them,” she added. UNI
“Demonetisation is a big scam. I repeat, demonetisation is a big scam. If thorough investigation is conducted, this will be proved,” she said, “The ill-famed #Noteban 8 November is approaching,” Ms Banerjee posted on her social networking page. The chief minister said demonetisation was not to combat black money. It was only to convert black money into white money for vested interests of political party in power. Black money became ‘white fund’ for them and the country was plunged into darkness, she said. Ms Banerjee said no black money could yet be brought out from the foreign accounts.In all practical sense, it yielded big, big zero. Neither demonetisation could combat terrorism, nor black money nor aid to development of the country, she said. The chief minister said by the devil act of demonetisation, the country has already lost its GDP worth nearly Rs.3 Lakh Crore. Crores of workers, particularly in the informal sector, lost their jobs. Farmers were left to starve. Over 100 people lost their lives. People had no access to their own money in banks, even in emergency, Ms Banerjee said. The memories of untold sufferings and pain thrust upon the common people still haunt our minds, she said. “From Day 1, I had protested against this draconian decision of demonetisation by the central government and requested for its immediate withdrawal,” the chief minister remarked. Ms Banerjee said the Indian economy has been ruined; so has plummeted the growth rate of the country. The GDP fell to 6.1 per cent growth in between January and March, 2017 compared to 9.1 per cent in the previous year. It further plummeted to 5.7% between April and June, 2017, compared to 7.9 per cent in the previous year, she said. The chief minister said more than 75,000 industrialists were compelled to leave India and settle abroad and become NRI because of harassment in the prevailing situation. Business potential worth lakhs and lakhs of crore in India was thus lost. Demonetisation was a Black Decision worth every sort of condemnation, she said. “8th November #Nov8BlackDay this year will be observed as “Kaala Dibas” (Black Day) to protest against demonetisation and the unparalleled damage it caused to the country and its economy,” Ms Banerjee said. “We are for all the people who suffered and still continue to suffer. Their fight is our fight and we are committed to stand by them,” she added. UNI
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