Economy

Demonetisation only helped crony capitalists: Rahul Gandhi

New Delhi | Updated on August 30, 2018 Published on August 30, 2018

Congress President Rahul Gandhi has accused Prime Minister Narendra Modi of lying to the people of the country on the “benefits” of demonetisation. He said the result of the notebandi is out — all the money is back with the exchequer.

“I want to tell the youth and retailers that Modi took money from the people to help 10-15 crony capitalists of the country. This was the biggest aim of demonetisation. Modi’s friends used the opportunity to launder black money and we have seen how a Gujarat cooperative bank, of which BJP President Amit Shah is a Director, changed ₹700 crore old notes,” he said.

“He (Prime Minister) promised the people that demonetisation will end black money, fake currency and terrorism. Now, the entire money is back. Two per cent of the GDP and employment of crores were taken away. The PM must answer what was the logic and reasoning for such a big blow on the people,” he said.

Published on August 30, 2018
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