Demonetisation has brought economy to standstill: Amarinder Singh

The situation, Amarinder Singh said, was extremely grave, yet the Badal government was taking no steps to ease the discomfort of the people.

By: PTI | Dera Bassi | Published:November 18, 2016 5:14 pm
Amarinder Singh, Punjab Congress Chief, Amarinder Singh on demonetisation, demonetisation, 500-1000 currency invalid, Punjab CM, Punjab CM Badal, Amarinder slams Badal, PM Narendra Modi, Modi's demonetisation move, indian express news Punjab Congress president Captain Amarinder Singh. (File)

Punjab Congress chief Amarinder Singh on Friday lashed out at Prime Minister Narendra Modi’s “draconian” demonetisation move, saying it had brought the economy to a standstill. He alleged that the Badal government in the state was sitting pretty while lakhs of people were suffering from an acute cash crunch. Talking to media persons outside the Dera Bassi branch of the State Bank of India, where he stopped over en route from Delhi to Chandigarh, Amarinder claimed the Badal family was
unconcerned about the plight of the common man since they had control of various institutions and businesses to transform their own black money into white.

Amarinder listened to the complaints of the people lined up outside the bank, many of whom had been standing for hours, and directed party leaders and workers to come out in full strength to help ease their woes. He said the move to demonetise 1,000 and 500 rupee notes had created an unprecedented financial crisis in the country.

The situation, he said, was extremely grave, yet the Badal government was taking no steps to ease the discomfort of the people. The Punjab Congress chief claimed that the Badals would simply pass off their black money as ‘chadawa’ (offerings) at the gurudwaras through the SGPC, which is also under the Akali control.