Demonetisation has hit Congress, SP, BSP, AAP and Mamata hard: Amit Shah

Addressing the 'Jan Jagran Maha Samavesh' in Bhubaneswar, Shah said demonetisation has hit hard Cong, SP, BSP, AAP...Mamata and Mulayam driving them to oppose move.

By: Express Web Desk | Published: November 25, 2016 3:59 pm
Amit Shah, Demonetisation, Amit Shah bhubaneswar, Amit Shah demonetisation Amit Shah addresses BJP booth-level workers at Ramlila ground in Chandigarh on Sunday. Kamleshwar Singh

BJP President Amit Shah on Friday lashed out at the opposition parties for critcising the government’s demonetisation move. Addressing the ‘Jan Jagran Maha Samavesh’ in Bhubaneswar, Shah said demonetisation has hit hard Cong, SP, BSP, AAP…Mamata and Mulayam driving them to oppose move.

On a different note, he attacked Naveen Patnaik-led BJD government in Odisha. “Naveen (Patnaik) ji aapne 17 years mei kya kiya? Iska hisaab poochne mai aaya hun (Naveen Patnaik ji, what have you done in the past 17 years? I have come to seek answers here).

He slammed the Odisha government for not providing adequate health facilities to the poor. “Odisha ki sarkar agar gareebon ko health facilities tak uplabdh nahi kara sakti toh aisi sarkar ko satta mei rehne ka adhikar nahi hai (If the Odisha government can’t provide adequate health facilities to the poor, then it has not reason to stay in power).

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    arun dass
    Nov 25, 2016 at 12:29 pm
    dear Anil , u must be a supporter of Congie , TMC ,AAP .....who are crying for their loss of stani printed Money....are u supporting Terrorists / stanis ???
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      arun dass
      Nov 25, 2016 at 11:38 am
      well said Amit ji , odisha people are undergoing through poor health coondition due to no support from the Govt , people are unable to buy medicines even........
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        Gurvinder
        Nov 25, 2016 at 5:59 pm
        Demonetisation to cost Rs 1.28 lakh crore till Dec 30: CMIElt;br/gt;lt;br/gt;Though welcomed by many across the country, the government's decision to demonetise higher currencies has left many in the lurch and utter state of confusion.lt;br/gt;lt;br/gt;The transaction cost of the demonetisation exercise during the 50-day window till December 30 would be a staggering Rs 1.28 trillion (Rs 1.28 lakh crore), according to a study by the Centre for Monitoring Indian Economy.lt;br/gt;According to Mahesh Vyas, the managing director and chief economist of CMIE, the exercise can only be considered worth if the government is able to unearth unaccounted cash worth at least the transaction cost. “If the government succeeds in unearthing even Rs.4 trillion unaccounted cash, then the transaction cost of this exercise would be about 26 per cent. It would be over 43 per cent if the unearthed cash is Rs.3 trillion,” Vyas said in his research note.lt;br/gt;Households, according to Vyas, will bear 12 per cent of the entire cost of demonetisation, largely in loss of wages, during the 50-day period while banks will suffer “overheads and operational costs in terms of recalibrating ATMs”. As per his estimates, banks would bear a cost of Rs 351 billion during this stited periodlt;br/gt;Enterprise sector stands to suffer the most out of this exercise, which is aimed at rooting out the menace of black money, as it is projected to lose Rs 615 billion or 48 per cent of the total transaction cost during this period.lt;br/gt;The study also paints a grim picture for the government and the Reserve Bank of India. “The government and RBI are estimated to bear a cost of Rs.168 billion. This is largely because of printing of new currency and transportation of new currency to bank branches, ATMs and post offices,” he said.lt;br/gt;Though welcomed by many across the country, the government’s decision to demonetise higher currencies has left many in the lurch and utter state of confusion. The study also warned the impact of the rudimentary step could impact the economy over a longer period.lt;br/gt;“However, the impact of low liquidity, broken supply chains and loss of confidence in consumers is likely to impact the economy over a longer period. Therefore, the transaction cost of this exercise is more than the Rs.1.28 trillion estimated here,” he concluded
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          Anil
          Nov 25, 2016 at 12:09 pm
          Gujarat ranks 21 out of a total 29 states surve by the Women and Child Development Ministry along with the United Nations Children's Fund (UNICEF) to find out the health and well-being of children in India.
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            Anil
            Nov 25, 2016 at 11:59 am
            Its BJP people are running pillar to post to convert black to white, some had already done.
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