Rs 500 and 1000 currency demonetised: Hasty decision taken with polls in mind, says Akhilesh Yadav

Chief Minister Akhilesh Yadav said on Wednesday and felt the upcoming Assembly polls in his state could be the reason for the "step taken in a haste".

By: PTI | Lucknow | Updated: November 9, 2016 8:18 pm
akhilesh, akhilesh yadav, note ban, 1000 rupee note ban, 500 rupee note ban, currency demonetised, elections, assembly elections, assembly polls, polls, uttar pradesh elections, uttar pradesh assembly polls, uttar pradesh news, india news “We are also against black money. Banning Rs 500 and Rs 1000 notes is not a permanent solution. The decision might have been taken keeping in mind UP assembly polls,” he said. (Source: File)

Making Rs 500 and Rs 1000 invalid is not a permanent solution to tackle black money and corruption, Uttar Pradesh Chief Minister Akhilesh Yadav said on Wednesday and felt the upcoming Assembly polls in his state could be the reason for the “step taken in a haste”. “The way in which Rs 500 and Rs 1000 notes have been banned, it is creating a lot of problems for the people. Centre has taken this decision in haste. PM could have discussed it in the Parliament before taken the decision,” he said on sidelines of function here.

WATCH VIDEO: Rs 500 & Rs 1000 Illegal: Scuffle At An ATM With People Queuing Up To Withdraw Money

“We are also against black money. Banning Rs 500 and Rs 1000 notes is not a permanent solution. The decision might have been taken keeping in mind UP assembly polls. Their (BJP) preparations are not done and Lok Sabha session is going to begin soon,” he said. “Pollution, corruption and blackmoney are problems which cannot be tackled without support of people”, he said.

Akhilesh asked the Centre to allow high denomination currency for expenditure in upcoming marriage season, even as state police has been asked to keep vigil near banks to maintain law and order after the decision to scrap Rs 500 and Rs 1000 notes. The chief minister also urged the Centre to ensure that the decision did not have any adverse impact on the poor, farmers and villagers.

Akhilesh, who is heading the Samajwadi Party government in the poll-bound state, said the Centre should arrange special camps in villages for exchanging existing currency notes saying banks were not easily accessible in the rural areas. The opposition has termed the Centre’s step as hasty and ill-timed coming in the season of harvest and marriages.

WATCH VIDEO: Government Says New Currency Notes In ATMs From November 11

Uttar Pradesh police were alerted to maintain strict vigil near banks and other places to maintain law and order. “Director General of Police Javeed Ahmad has issued directives to all district police chiefs stating that there may be serious law and order issues after the announcement.

“Patrolling and visibility (of force) should be there at market areas, near banks, post offices,” Additional SP in DGP office Rahul Srivastava said. He said police officers have been directed to talk to traders bodies and petrol pumps and keep an eye on situation in rural areas.

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  1. R
    Rahul
    Nov 22, 2016 at 10:43 am
    Yes we all with PM MODI JI.
    Reply
    1. A
      akash
      Nov 9, 2016 at 2:41 pm
      being on such responsible position UP Chief Minister Akhilesh Yadav, instead of supporting Goverment for this move and ensuring proper implementation in his state, he is opposing giving reason of election. May be Akhilesh ji forget that rule is applied all over India not only for UP. He should stop thinking of elections now, there's something more happening in country which should be concentrated.
      Reply
      1. A
        anil
        Nov 14, 2016 at 12:04 pm
        This is a very bold step. Country is ready to face little hardship and trusts PM.lt;br/gt;This could turn the fortunes for India beyond our imagination. lt;br/gt;Though I feel govt must give some immediate relief to Traders.
        Reply
        1. A
          Ashutosh
          Nov 16, 2016 at 7:08 am
          all country peoples are cooperate to pm modi but some people having problem with 500 and 1000 bane because those having black money like 3 persons from india
          Reply
          1. D
            Dr M
            Nov 10, 2016 at 5:49 am
            Yes, the inevitable fallout of this move will be to curb use/distribution of tainted money to buy votes, but Akhilesh need not worry if he is fighting elections on development and his own pority/ acceptability.
            Reply
            1. S
              Srinivas
              Nov 23, 2016 at 10:47 am
              Great decision..keep it up..
              Reply
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