scorecardresearch
Follow Us:
Friday, April 16, 2021

Demonetisation: Congress against Centre’s mismanagement, not step

"Is the Government really working to bring out black money or is it merely to harass the public, specially the middle, poor and labour class people?" asked Lok Sabha MP Ranjeet Rajan.

By: PTI | Kohima |
December 4, 2016 7:43:14 pm
Demonetisation, Congress, Ranjeet Ranjan, Hornbill Festival, corruption, black money, Nagaland, news, latest news, India news, national news Lok Sabha MP Ranjeet Rajan claimed that the country was losing at least Rs 1.3 lakh crore while the GDP was sliding by two points and the Centre has already spent Rs 13,000 crore on printing of new currency notes.

The Congress Party is not against banning of Rs 500 and Rs 1,000 currency notes, but is against the “mismanagement” by the BJP-led NDA government, said Congress spokesperson and Lok Sabha MP Ranjeet Ranjan. Interacting with reporters after attending the fourth day of the Hornbill Festival at Kisama, 12 kms from Kohima, Ranjeet said the BJP government’s claims that demonetisation has been imposed to overcome terrorism, fake currency and corruption, was “wrong”.

Watch what else is making news:

The government is unable to get hold of actual black money and has decided to put over 100 crore people in queues outside banks for their own money, out of which 45 crore are daily wage earners and people belonging to the small business community, Ranjeet said. She claimed that following the imposition of demonetisation, the country was losing at least Rs 1.3 lakh crore while the GDP was sliding by two points and the Centre has already spent Rs 13,000 crore on printing of new currency notes.

“Is the Government really working to bring out black money or is it merely to harass the public, specially the middle, poor and labour class people?” she asked. She lamented that farmers were not getting money for seeds, sowing and harvesting.

As the spokesperson of AICC, Ranjeet also called upon Congress workers in Nagaland to mobilise programmes and projects for development of the state.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest India News, download Indian Express App.

  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
0 Comment(s) *
* The moderation of comments is automated and not cleared manually by indianexpress.com.
Advertisement
Advertisement
Advertisement
Advertisement
x