Kerala’s opposition leaders on Wednesday staged a rare sit-in protest in Delhi against curbs imposed on cooperative banks after the denomination of Rs 500 and 1,000 notes.
Congress vice-president Rahul Gandhi, who addressed the sit-in participants, targeted Prime Minister Narendra Modi. “The decision of demonetisation… did not have any impact on black money but hurt the people of India, the poor, farmers, people in the middle class and women… the demonetisation decision has seared into the hearts of India’s poor people,’’ he said. “Kerala is very badly affected… the government of India has hurt the cooperative sector and does not allow the cooperative sector to change money and to give money… this is a monumental disaster.’’
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Congress leader A K Antony accused the Centre of strangulating the co-operative and the agriculture sectors in the state.
Leader of the Opposition in Kerala Assembly Ramesh Chennithala said the state is heading towards a financial disaster as non-resident Keralites feel their money in co-operative banks is unsafe.