Rahul Gandhi calls demonetisation an economic attack on traders

Rahul Gandhi calls demonetisation an economic attack on traders

Congress leader Rahul Gandhi on Thursday hit out at Prime Minister Narendra Modi over the demonetization move, alleging it was a financial attack on traders, affecting their cash flow and destroying their businesses. Gandhi alleged that Prime Minister Narendra Modi was well aware of the consequences of demonetization on small and medium businesses. Congress leader Gandhi was addressing a huge public meeting at Chalakudy in Thrissur district as part of the 'Bharat Jodo Yatra'.

Rajasthan Chief Minister Ashok Gehlot and other senior Congress leaders attended today's visit. Gandhi said the BJP-led central government had on November 8, 2016, demonetized Rs 500 and Rs 1,000 notes and asked common people to deposit these notes in bank accounts by December 30, 2016. Gandhi claimed that many people thought that demonetization was a "mistake" committed by the Prime Minister and that he (PM) was not aware of its consequences.

Congress leader Gandhi said, "Brothers and sisters, this is not true. The Prime Minister knew exactly what was going to happen with demonetization. Demonetisation was a financial attack on the businessmen of India. This was done to affect your cash flow and ruin your business." He alleged, "Narendra Modi understands very well that if you are a small trader or restaurant owner and if he is a few days If you obstruct the flow of your money, you will be exhausted.

The Congress leader alleged that the Goods and Services Tax (GST) has been brought to break the backs of small and medium traders. He also alleged that Prime Minister Modi allows five-six big industrialists to do business in the country. Gandhi claimed that India was facing the highest rate of unemployment in the last 70 years and the highest inflation in decades. “Our people are facing debt, inflation, and unemployment. India's debt was Rs 50 lakh crore in 2014, which increased to Rs 139 lakh crore in 2022, and if you calculate the per capita loan, each person has an outstanding balance of Rs one lakh."

The 3,570 km and 150-day long 'Bharat Jodo Yatra' of the Congress, which began from Kanyakumari in Tamil Nadu on September 7, will conclude in Jammu and Kashmir. The 'Bharat Jodo Yatra' reached Kerala on the evening of September 10 and will cover a distance of 450 km, passing through seven districts of Kerala in 19 days before entering Karnataka on October 1.

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