Demonetization Six Years: Demonetization marks six years on Tuesday (November 8). Meanwhile, former Congress president Rahul Gandhi has targeted the Modi government at the Centre. He said that the economy has weakened.
Rahul Gandhi tweeted, “Black money has not come, only poverty has come, the economy has weakened, not cashless. Not terrorism, destroyed crores of small businesses and jobs, in demonetisation, ‘Raja’ demolished the economy under the pretext of ’50 days’.
Black money did not come, just poverty came
Economy was not cashless, it was weak
No terrorism, crores of small businesses and jobs were lost
‘ Raja’ne notebandi, ‘50 days’ DeMo-lition of the economy by bluffing.
— Rahul Gandhi (@RahulGandhi) November 7, 2022
Congress President also attacked?
Congress President Mallikarjun Kharge targeted Prime Minister Narendra Modi over demonetisation. is He said that PM Modi has not yet accepted his failure. Also claimed that due to this the economy collapsed. He tweeted, “Demonetisation was brought with the promise of eradicating black money from the country but it destroyed business and jobs. After 6 years of this ‘masterstroke’, this cash is 72 percent more than in 2016.
What was the purpose of demonetisation?
While announcing demonetisation Prime Minister Narendra Modi had said that the aim of this is to remove the problem of corruption and black money in the economy. Its aim was to make India a ‘less cash’ economy. According to the data released by the Reserve Bank of India (RBI) on a fortnightly basis on Friday, the level of currency in circulation among people has increased to Rs 30.88 lakh crore till October 21 this year. p>
Let us tell you that on November 8, 2016, Prime Minister Narendra Modi announced demonetisation. Under this, notes of 500 and 1000 rupees have been stopped. A few days later, the government issued new notes of 500 and 2000 rupees.
Get the more latest news about India