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Demonetisation: People waiting to punish PM Modi, claims Sena
Mumbai, Nov 8 (PTI)The Shiv Sena Thursday said people
were waiting to punish Prime Minister Narendra Modi for
announcing demonetisation two years ago.
On November 8, 2016, PM Modi announced a ban on then
in use Rs 1,000 and Rs 500 denomination bank notes with
The Sena, a constituent of the BJP-led governments at
the Centre and in Maharashtra, claimed the note ban exercise
was a "complete failure" as none of its objectives were
"While the (Union) Finance Minister says more number
of people have been brought under the tax net, he has failed
to explain the rationale behind it (demonetisation) as several
lakh people lost jobs," Sena spokesperson Manisha Kayande said
She said elimination of terrorism and curb on fake
currency, also touted as reasons for the demonetisation
exercise, could not be achieved either.
"The situation after two years has become so bad that
people are waiting to punish the PM," she said.
Kayande further claimed the "ongoing feud" between the
Union Finance minister and RBI Governor will only deepen the
economic crisis in the country and make foreign investors wary
of investing here.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)