Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Opposition attacks Modi over demonetisation

Post News Network
Updated: November 8th, 2018, 14:40 IST
in National
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: The opposition Thursday attacked the Narendra Modi government for unleashing “destruction” on every citizen of India with its 2016 demonetisation move that only helped the Prime Minister’s cronies.

On the second anniversary of the ban on Rs 500 and Rs 1,000 currency notes, the Congress called it a “black day” for the democracy and national economy, while the CPI-M termed it the “biggest scam in the history”.

Also Read

At least 13 killed, 35 injured in chemical factory blast in Telangana

At least 13 killed, 35 injured in chemical factory blast in Telangana

9 hours ago

RBI slaps fines on two co-operative banks over regulatory breaches

9 hours ago

“The cost and destruction by demonetisation were endured by every citizen of this country other than few crony capitalist friends of PM Modi. Demonetisation was a black day for our democracy and our economy,” the Congress tweeted.

Senior Congress leader and former Prime Minister Manmohan Singh urged the Centre to restore certainty and visibility in its economic policies.

The former Finance Minister in a statement asked the current NDA regime not to indulge in any further unorthodox, short-term economic measures that could cause any more uncertainty in the economy and financial markets.

“Today marks the second anniversary of the ill-fated and ill-thought demonetisation… The havoc that it unleashed on the Indian economy and society is now evident to everyone.

“Notebandi (demonetisation) impacted every single person, regardless of age, gender, religion, occupation or creed,” Singh said in a statement.

Another former UPA Minister Anand Sharma asked whether Modi would apologise for wrecking the “economy, destroying jobs and lives”.

“People of India recall the pain and sufferings inflicted by an insensitive and reckless decision of PM Narendra Modi demonetising 86 per cent of our currency.

“With 99 per cent of currency back with RBI, will PM Modi apologise for calling that Black money, proceeds of crime and corruption and used to fund terrorism? Wrecking our economy destroying jobs and lives.

“Two years after the unforgivable and autocratic decision of demonetisation that wiped out almost two per cent of India’s GDP Modi wants more — 3,60,000 crore from the Reserve Bank of India reserves. This must be resisted,” he said.

The Communist Party of India-Marxist recalled November 8, 2016, as the “biggest scam in the history of our nation when Modi unleashed destruction by demonetisation of our economy”

CPI(M) General Secretary Sitaram Yechury blamed Modi for destroying “the economy, lives and livelihoods”.

“Modi and his minions claimed demonetisation will end black money, finish corruption, terminate terrorism, and bring only digital transactions. Two years later, Modi is silent. The truth is that he single-handedly destroyed the economy, lives and livelihoods.”

Aam Aadmi Party head and Delhi Chief Minister Arvind Kejriwal also called it a “deep wound on the Indian economy”.

“Though the list of financial scams of Modi government is endless, demonetisation was a self-inflicted, deep wound on Indian economy which, even two years later, remains a mystery why the country was pushed into such a disaster?” he tweeted.

Loktantrik Janata Dal leader Sharad Yadav also attacked the Centre for the rising unemployment.

“Now every citizen has understood that it was not a historical blunder which has ruined every house but it was a decision to benefit only a few capitalists friends of BJP.

“Virtually this government has inter-alia finished the businesses and increased unemployment,” he tweeted.

West Bengal Chief Minister Mamata Banerjee called it a ‘dark day’.

“From the moment it was announced I said so. Renowned economists, common people and all experts now all agree.

“The government cheated our nation with this big demonetisation scam. It ruined the economy and the lives of millions. People will punish those who did this,” she said.

In a sudden move that took everyone by surprise, Modi had on this day in 2016, announced a ban on the currency notes of Rs 500 and Rs 1,000.

IANS

Tags: Aam Aadmi PartyAAPBlack dayCommunist Party of India-MarxistCongressCPIMDemonetisationManmohan SinghPM Narendra Modi
Share2TweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019

Archives

Editorial

Proof To Vote

Vote
June 30, 2025

Months ahead of the Assembly polls in Bihar, the Election Commission of India (ECI) on 28 June launched a ‘special...

Read more

Genesis of Jana Sangh

AAKAR PATEL
June 29, 2025

We marked the 50th anniversary of the Emergency a few days ago. Another anniversary, this time the 75th, went relatively...

Read more

Double-engine PMO

June 28, 2025

Since February, the Prime Minister’s Office (PMO) has been operating for the first time with two full principal secretaries, P.K....

Read more

Let Them Be

NEET
June 25, 2025

A17-year-old girl was beaten to death by her father for not getting good score in a mock test for the...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST