Political parties protest first anniversary of demonetisation

  • Political parties protest first anniversary of demonetisation

Political parties protest first anniversary of demonetisation

The impact of demonetisation was such that even people in Mr. Modi's home state of Gujarat were disillusioned by the Centre.

The Modi Government had said that post-demonetisation, corruption will end, terrorism will vanish and Naxalism will die out.

"Today, people have understood that demonetisation is a decisive fight against corruption and black money".

Eighty-seven per cent of participants said they were satisfied with the results of demonetisation while 92 per cent expressed the view that a less-cash economy was taking shape and it would prove to be beneficial for the country in the long run. Participating in an "anti-black money day" to mark the first anniversary of demonetisation, Dr Laxman said it was part of a drive to eradicate black money mentioned the BJP's 2014 manifesto.

Sources recalled that Modi had sought feedback on demonetisation a year ago too and the decision received high approval.

"Note-ban was the biggest scam of the century".

One year of demonetisation: Congress observes black day in KarnatakaBengaluru: The Congress party in Karnataka observed Wednesday as black day, marking the completion of one year of demonetisation in the country.

The Congress party organised programmes against the demonetisation. 150 people lost lives while standing in queues to deposit their demonetised currency. Party's state chairman Aryakumar Jnanendra said the BJP government at the Centre took this decision to win the Uttar Pradesh assembly election.

According to Al Jazeera, Modi's decision to demonetise has hurt the weakest sections of India's notoriously unequal society, specifically daily-wage labourers, small traders and businesspersons, farmers, women and senior citizens.

Demonetisation has not only affected growth, but also thrown a large number of people, especially in the unorganised sector out of work. But the government failed in all three things.

Reports of celebrating Anti-Black Money Day at East Siang district also came in, which was organised by the East Siang district BJP unit along with the Bharatiya Janata Yuva Morcha with the participation of over 300 people. The AIUDF also marked the occasion as ‘Black Day by holding a dharna on the bank of the Dighalipukhuri. It created a uniform economy in the country. "We ask has the black money ceased to exist or has terror activities stopped in the Kashmir valley?" he asked. He subsequently added that demonetisation would help usher in a more transparent, cashless or "less cash" economy.