Kolkata, Non 8: West Bengal Chief Minister Mamata Banerjee today described demonetisation as "DeMoDisaster" and turned her Twitter
display picture black on
the first anniversary of the event.
the first anniversary of the event.
I have turned my Twitter DP black. DeMoDisaster. Let us raise our voices, ' Ms Banerjee said in her tweet. ' DeMoDisaster was not to combat black money, but to convert black money into white for vested interests of political party in power. DeMoDisaster is a big scam. If thorough investigation is conducted, this will be proved, ' she averred. Demonetisation has been disastrous for the Indian economy. It was a bad decision, and then badly implemented. It has been universally panned. However, it not only had a negative economic impact but deep social
impact too, both from immediate and long-term perspectives, according to a party statement.
More than 100 people lost their lives, many from their health not permitting them to stand in long queues outside banks and ATMs. Numerous people lost their jobs, as a result of business owners not having enough cash to pay salaries, which resulted from their not making money as they could not sell their goods, as buyers didn’t have cash. Ninety per cent of Indians work in the informal sector, which consists of small setups, where dealings are done in cash. On November 14, in Odisha, the failure of Sudarsin Surin of Marangabahal village to convince an auto-rickshaw driver to take his ailing two-year old son to Sambalpur Hospital, as he only had the old Rs 500 notes, led to the death of the child. A newborn baby died in Rajasthan’s Pali district after an ambulance refused to take the child to a hospital as the father could not arrange Rs 100 notes on time. A farmer from Raigarh, Chhattisgarh committed suicide as he was upset over not being able to exchange Rs 3,000, which he was supposed to send to his stranded children in Tamil Nadu. A 47-year old-farmer, who had to pay for farm labour, died of heart attack while waiting to exchange old currency notes in Tarapur, Gujarat. A 69-year-old retired BSNL employee died waiting in a queue at a bank in Sagar, Madhya Pradesh to exchange currency notes. Four days before his daughter’s wedding, Sukhdev Singh died of a heart attack in Tarn Taran, Punjab, as he was unable to buy groceries and other items due to shortage of new currency notes. A man from Kanpur, Uttar Pradesh who had received Rs 70 lakh in advance for selling his land, died of a heart attack while watching PM Narendra Modi’s speech announcing demonetisation. A retired school teacher, Raghunath Verma (70), in Jalaun, Uttar Pradesh, died waiting outside a bank. He went to withdraw money for meeting the marriage expenses of his daughter. A 72-year-old man from Mumbai died of a massive heart attack while waiting to deposit old currency notes at a bank. On November 18, Sheikh Islamuddin, a resident of the Kolkata Port area, who had stood in queue in the wee hours, collapsed on reaching home. He was pronounced brought dead.
An 18-month-old baby died in Visakhapatnam in Andhra Pradesh as the parents did not have money to buy medicines after a private hospital had refused old currency notes. A middle-aged woman from Chikballapur district of Karnataka committed suicide after the Rs 15,000 she had taken to the bank for exchanging were allegedly lost or stolen. On December 1, a 32-day old baby died as her mother, Arguna Khatoon, waited in a crowded room to withdraw money at the United Bank of India in Balrampur, Bihar. A 55-year-old homemaker in Mahubabad district of Telangana committed suicide because she thought her cash savings of Rs 54 lakh were now worthless. A 45-year-old from Thalassery, Kerala died after falling from the second floor while filling the deposit slip for exchanging demonetised currency notes. He had gone to deposit Rs 5 lakh. Meanwhile, to ameliorate the condition of the people, especially from the unorganised sector, who had lost their jobs as a result of the implementation of the policy of demonetisation and had thus returned to Bengal, the State Government started the Samarthan Scheme. The scheme was announced during the presentation of the State Budget. Under the scheme, a one-time grant of Rs 50,000 was given to each of 50,000 workers to start their own business so that they can earn their livelihood. the gazette notification for the scheme was published on February 23. UNI
impact too, both from immediate and long-term perspectives, according to a party statement.
More than 100 people lost their lives, many from their health not permitting them to stand in long queues outside banks and ATMs. Numerous people lost their jobs, as a result of business owners not having enough cash to pay salaries, which resulted from their not making money as they could not sell their goods, as buyers didn’t have cash. Ninety per cent of Indians work in the informal sector, which consists of small setups, where dealings are done in cash. On November 14, in Odisha, the failure of Sudarsin Surin of Marangabahal village to convince an auto-rickshaw driver to take his ailing two-year old son to Sambalpur Hospital, as he only had the old Rs 500 notes, led to the death of the child. A newborn baby died in Rajasthan’s Pali district after an ambulance refused to take the child to a hospital as the father could not arrange Rs 100 notes on time. A farmer from Raigarh, Chhattisgarh committed suicide as he was upset over not being able to exchange Rs 3,000, which he was supposed to send to his stranded children in Tamil Nadu. A 47-year old-farmer, who had to pay for farm labour, died of heart attack while waiting to exchange old currency notes in Tarapur, Gujarat. A 69-year-old retired BSNL employee died waiting in a queue at a bank in Sagar, Madhya Pradesh to exchange currency notes. Four days before his daughter’s wedding, Sukhdev Singh died of a heart attack in Tarn Taran, Punjab, as he was unable to buy groceries and other items due to shortage of new currency notes. A man from Kanpur, Uttar Pradesh who had received Rs 70 lakh in advance for selling his land, died of a heart attack while watching PM Narendra Modi’s speech announcing demonetisation. A retired school teacher, Raghunath Verma (70), in Jalaun, Uttar Pradesh, died waiting outside a bank. He went to withdraw money for meeting the marriage expenses of his daughter. A 72-year-old man from Mumbai died of a massive heart attack while waiting to deposit old currency notes at a bank. On November 18, Sheikh Islamuddin, a resident of the Kolkata Port area, who had stood in queue in the wee hours, collapsed on reaching home. He was pronounced brought dead.
An 18-month-old baby died in Visakhapatnam in Andhra Pradesh as the parents did not have money to buy medicines after a private hospital had refused old currency notes. A middle-aged woman from Chikballapur district of Karnataka committed suicide after the Rs 15,000 she had taken to the bank for exchanging were allegedly lost or stolen. On December 1, a 32-day old baby died as her mother, Arguna Khatoon, waited in a crowded room to withdraw money at the United Bank of India in Balrampur, Bihar. A 55-year-old homemaker in Mahubabad district of Telangana committed suicide because she thought her cash savings of Rs 54 lakh were now worthless. A 45-year-old from Thalassery, Kerala died after falling from the second floor while filling the deposit slip for exchanging demonetised currency notes. He had gone to deposit Rs 5 lakh. Meanwhile, to ameliorate the condition of the people, especially from the unorganised sector, who had lost their jobs as a result of the implementation of the policy of demonetisation and had thus returned to Bengal, the State Government started the Samarthan Scheme. The scheme was announced during the presentation of the State Budget. Under the scheme, a one-time grant of Rs 50,000 was given to each of 50,000 workers to start their own business so that they can earn their livelihood. the gazette notification for the scheme was published on February 23. UNI
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