Mr. Gandhi’s attack comes on the sixth anniversary of demonetisation
Mr. Gandhi’s attack comes on the sixth anniversary of demonetisation
Congress leader Rahul Gandhi on Tuesday took a jibe at Prime Minister Narendra Modi over demonetisation, saying it was a deliberate ploy of ‘PayPM’ to ensure that two-three billionaire friends monopolize India’s economy. .
The Congress has often used ‘PayCM’ and ‘PayPM’ derision on the BJP to allege corruption in its governance at the Center and in the states. It is a play on the digital payment platform Paytm.
Mr. Gandhi’s attack came on the sixth anniversary of demonetisation. It was on this day in 2016 that Prime Minister Modi announced the decision to withdraw ₹500 and ₹1,000 denomination notes with the ultimate aim of reducing corruption and black money in the economy.
In a tweet in Hindi, Mr Gandhi said, “Demonetisation was a deliberate move by ‘PayPM’ to ensure that his 2-3 billionaire friends monopolize India’s economy by eliminating small and medium businesses. “
The Congress on Tuesday alleged that demonetisation was the “biggest organized loot” of independent India and demanded a white paper from the Modi government on the move.
“On this day in 2016, the Modi government arbitrarily discontinued Rs 500 and Rs 1000 notes. The government failed in its objective of making India a digital, cashless economy as the currency with the public is at a new high of 30.88 lakh crores as of October 21 – almost 72% higher than 6 years ago,” the Congress tweeted. said in. Its official twitter handle.