Connect with us

Politics

Chidambaram attacks government on demonetisation

Published

on

P Chidambaram

New Delhi, Nov 8: Former Finance Minister P. Chidambaram on Wednesday attacked the Modi government over demonetisation and questioned how it was being called an “ethical step” when jobs were destroyed and several businesses had closed down.

In a series of tweets, the former Finance Minister attacked the government decision of banning Rs 500 and Rs 1,000 currency notes exactly a year ago.

“FM (Finance Minister Arun Jaitley) says demonetisation was ‘ethical’. Was it ethical to heap misery on millions of people, especially 15 crore daily wage earners? Was it ethical to destroy 15 lakh regular jobs during Jan-April 2017?” Chidambaram said.

“Was it ethical to force thousands of micro and small businesses to close down? Was it ethical to damage vibrant industrial hubs like Surat, Bhiwandi, Moradabad, Agra, Ludhiana and Tiruppur?”

“Was it ethical to give an easy way for converting black money into white as now discovered by the government?” he said.

Jaitley on Tuesday had called demonetisation an “ethical drive and moral step”.

The Congress leader asked if anyone can deny the fact that lives were lost, small businesses had closed and jobs were lost due to the November 8 decision of last year.

He also said that cash in the hands of the public will soon reach the level of November 2016, when demonetisation was announced.

“Cash with public Rs 15 lakh crore and increasing, will soon reach November 2016 level of Rs 17 lakh crore!”

He added that how much cash should be in flow is a decision that the Reserve Bank of India (RBI) should take, adding that artificial reduction in cash circulation led to “lower demand and lower growth”.

“In interest of transparency, Government/RBI should release RBI Board’s agenda, background note and Dr Raghuram Rajan’s note. If government is confident of its decision, why does it fear releasing these documents?” he said.

“Government says black money was laundered through note exchange after demonetisation. Who facilitated it? It was the same government,” he added.

IANS

Politics

Muslims are also descendants of Ram: Union Minister Giriraj Singh

Published

on

Giriraj Singh
Union Minister Giriraj Singh (File Photo)

The union minster Giriraj Singh on Sunday said, Indian Muslims are not Babur’s descendants, Indian muslims are not foreigner.”

He claimed “India Muslims are descendants of Ram, our ancestors are same, although the worship criteria could be different. “

The leader retaliatating Owaisi who earlier said that the Masjid will be built where it was Giriraj Singh said,”They will go to Makka and Madina, where will we go, If Ram Temple isn’t built in India, will it be built in Pakistan.”

“People like Owaisi who are inspired by Jinnah wants to break the country,” he added.

However this is not the first time when Giriraj Singh has made a controversial, politically and socially peculiar comment on Ram Mandir and other things.

WeForNews

Continue Reading

Politics

Haryana degrading in Khattar Govt. no value of farmers, poor law and order situation: BS Hooda

Published

on

BS Hooda
Former Haryana Chief Minister, Bhupinder Singh Hooda (Photo-ANI)

Former Haryana Chief Minister, Bhupinder Singh Hooda on Sunday attacked BJP government of Haryana for a drastic law and order situation in the state.

The leader said, “today there is no value of farmer in Haryana, no work for labour, the hospitals don’t have doctors.”

Pointing out that people in Haryana are not getting basic necessities of life he added that there’s no education in the schools and law and order has been ruined, culprits are no more afraid of the government.

Hooda also said that women are not secure in their house, children are not secure in Schools, goons are looting petrol pumps and other places, rape incidents has been increasing day by day and murders have become a common thing.

The senior Congress leader also mentioned BJP President Amit’ shah rally while criticising the government said, When BJP National President came to Haryana, the state govt spent Rs 22 Crore to deploy 150 companies of Paramilitary forces for his security.”

“How can they provide security to people of Haryana if they can’t provide security to their party’s national President?, he added.

WeForNews

Continue Reading

Politics

Some hours prior to demonetisation, PNB exchanged 90 crores of Nirav Modi: Majeed Memon

Published

on

Majeed Memon
Majeed Memon, NCP Leader(Photo-ANI)

The NCP leader, Majeed Memon on Sunday made a claim that a PNB branch changed 90 crore rupees of old denominations into the new some hours prior to demonetization.

The leader also claimed that Nirav Modi left India some hours before Prime minister Narendra Modi announced Demonetisation.

The leader told ANI, “some hours prior to PM’s announcement of ‘Demonetisation’, 90 crore rupees of cash was brought in one of the branches of PNB & were exchanged for billions or something. This needs to be investigated.”

Jewellery Tycoon Nirav Modi has been declared defaulter  after his company recieved LOUs of almost 12 thousand crores from a PNB branch illegally. Nirav Modi, along with his wife Ami, brother Neeshal and Mehul Choksi left India in the first week of January before the PNB accused them of committing the fraud.

WeForNews

Continue Reading
Advertisement

Most Popular