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This is an archive article published on November 28, 2016

Demonetisation has benefited only industrialists, banks, says Akhilesh Yadav

Stressing that his government was working for welfare of all sections of the society, he cited various schemes like distribution of laptops for youth, 'Kanya Vidhyadhan' for girls and 'Lohia Avas Yojna''.

Demonetisation, demonetisation news, Akhilesh Yadav-demonetisation, demonetisation-industrialists, banks, demonetisation-poor, India news, Indian Express Uttar Pradesh Chief Minister Akhilesh Yadav. (Express photo)

Hitting out at the Centre for demonetisation, Uttar Pradesh Chief Minister Akhilesh Yadav on Monday said it has benefited only industrialists and banks while affecting normal life of the poor and farmers. “Demonetisation has caused problems to the poor, farmers, labourers and also hindered their normal work…it has benefited banks and industrialists,” he said.

Yadav was talking to reporters on the sidelines of a function at the house of UP Minister Shailendra Yadav.

To a question, he said that so far one crore applicants have got themselves registered for Samajwadi Party government’s ambitious smart phone scheme.

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Stressing that his government was working for welfare of all sections of the society, he cited various schemes like distribution of laptops for youth, ‘Kanya Vidhyadhan’ for girls and ‘Lohia Avas Yojna”.

Farmers are being provided help by the state government from its own resources in the event on hailstorm and they are given free irrigation facility, power, fertiliser and seeds by the state, he said.

The UP CM said his government was also extending help to army jawans martyred while protecting the country’s borders.

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