Demonetisation: PM Modi sleeping peacefully, poor spending sleepless nights, says Kapil Sibal

"The actual reason behind demonetisation is political and not is only for winning the UP polls spring a surprise and help Modi emerge as the messiah of the poor," said Kapil Sibal.

By: PTI | Lucknow | Published:November 26, 2016 8:07 pm
Prime Minister Narendra Modi, Congress leader Kapil Sibal, India news, latest news, India news, demonetisation news, Latest news, India news Kapil Sibal alleged that a note in the hands of a poor has also been rendered as black money.

Accusing Prime Minister Narendra Modi of shying away from Parliament, Congress leader Kapil Sibal on Saturday said “desh ka chowkidar” was taking a peaceful nap while the poor were having sleepless nights. “The Prime minister who had made an entrance to the Parliament by bowing his head in respect to it, is today shying away from speaking there …the chowkidar of the country has closed his eyes and is sleeping peacefully while the poor are spending sleepless nights,” he told reporters in Lucknow.

Watch What Else is Making News

“Currency is never black…those who think it is, have their thinking flawed… actually it is the transaction which is black…The Prime Minister does not have the right understanding of economic situation,” Sibal said.

He alleged that a note in the hands of a poor has also been rendered as black money.

“The actual reason behind demonetisation is political and not economic…it is only for winning the UP polls …to spring a surprise and help Modi emerge as the messiah of the poor,” the Congress spokesperson said.

Sibal further said the Prime Minister does not know how to follow up demonetisation. “Modi could not think as to how the labourers, farmers and others will run their livelihood…he could not think how the wholesale and retail market will manage…vegetable vendors will not take the payment in cheque”.

Citing statistics, he claimed that of the 125 crore population, only 60 crores have bank accounts whereas no transaction has taken place in the accounts of 32 crore people for years and asked whether they all have black money.

Demanding that the names of those having foreign accounts be made public, Sibal asked “when the government has the list why it is not being made public?”

For all the latest India News, download Indian Express App

  1. A
    Nov 26, 2016 at 4:40 pm
    With one stroke PM has demolished 70 years old Congress Corruption! Proverbial three Ws - wealth, wine and women gone out of the window hence Kapil Sibal is sobbing!
    1. B
      Balachandran Menon
      Nov 26, 2016 at 4:45 pm
      Modi's penchant for optics rather than substance was always annoying; but this time it has acquired truly damaging proportions.
      1. A
        arun dass
        Nov 26, 2016 at 3:16 pm
        kapil has made plenty of money by beef export , stani printed money , sharing loot of Italian leaders ......and he is crying now for the loss in India
        1. M
          Madhusudan Javali
          Nov 26, 2016 at 2:46 pm
          The actual reason behind commenting on demonetisation is political and not economic
          1. R
            Nov 26, 2016 at 3:34 pm
            Matter is simple. Congress and many other "worthies" are in great pain because of the losses they have suffered due to this move by the PM. Obviously, they cannot come out and cry that they have suffered thisger and frustration is being vented out indirectly in various ways. And what they really mean when they say poor cannot sleep" is that they themselves cannot get any sleep owing to the losses they suffered. Jasbaton ko samjho ;)
            1. S
              Nov 26, 2016 at 6:05 pm
              A BJP MLA gifted Rs 80 lakh mercedes to his son. Luxury being purchased after cash ban. Poor suffered in queue, BJP goes digital or plastic money mode. BJP made lot of money in advance, and even now. Why make common suffer? BJP looted.
              1. S
                Nov 26, 2016 at 5:30 pm
                The hera-pheri drive of NDA is seen. The BJP is not saint, they are maha chors. Have always tried to make black money into white. How they do can they tell us? No wonder, it is BJP who wasted money in election like water. How does a PM or FM checks every Indian account, it is really pathetic. What people do in office room to wash room need not be a scrutiny of New Delhi ( Central Govt)
                1. S
                  Syed Muniruddin
                  Nov 26, 2016 at 3:46 pm
                  I have no sympathy for the Congress whose record is full of Corruption. But the fact remains that middle cl and particularly the farmers in Maharashtra are going through a tough time after two years of drought.
                  1. Load More Comments