New Delhi, March 6, 2017: Former Union minister and senior Congress leader Kapil Sibal in an interview to The Business Standard slammed Prime Minister Narendra Modi for spreading a bunch of lies for staying in power. He slammed demonetisation as a scam and added Congres would correct the situation in 2019.
Here are the excerpts:
When asked about CSO numbers that highlighted 7.1 per cent GDP growth after demonetisation, Sibal Questioned the credibility of these numbers.
He said: The Central Statistical Organisation (CSO) has -given the 7.1 per cent GDP figure but has also said the real picture would emerge only after a year when more data would be available. As it is, data on the rural sector is not collected where cash transactions are the highest. How can the government then claim a figure of 7.1 per cent GDP?
When asked if this would impact the reputation of the CSO in any way, Sibal said, after demonetisation people have started doubting the Reserve Bank of India. Now they will find it difficult to trust the CSO as well. If the government cannot collect correct data, its policies cannot be right. That is the thing the government must understand.
He said PM cannot hide the truth. The CSO data was released to win elections in the crucial state of Uttar Pradesh. “I think the government has come out with this GDP data keeping in mind the ongoing Assembly polls in UP. But let me state that the Bharatiya Janata Party (BJP) today is the most cash-rich party. And this can be seen and felt by touring UP where BJP candidates are spending money like anything. It seems as if demonetisatlon had no impact in UP.”
Coming on to PM Narendra Modi-led note ban, Sibal said it is the biggest scam in the history of independent India. He said, “As much as 05.45 lakh crore was washed out as a result of the note ban. He added. We also know through media reports that around 14.97 lakh crore has come back into the banks.”
He slammed government for shaming the sentiments of the public by claiming to curb black money or generation of unaccounted money. He further cited how the common man was standing in long queues outside banks to withdraw his own money while the influential class had bundles of new currency notes.
He criticized government’s recent price hiking of non-subsidised gas cylinders. He cites during Modi regime “nearly 58 per cent or six times” it’s been hiked.
Going down further on noteban, he said it has turned poor, the poorer. He added, “The note ban hit the tourism and mining industry in Goa and the results of the Assembly polls on March 11 will show the impact of demonetisation. Similarly, the Small industry was hit in industrial belts of UP such as Kanpur and Moradabad, and Ludhiana in Punjab. ThePM has been spreading a series of lies since coming to power in 2014. We will correct the situation in 2019.”
He said the manner in which the entire cabinet is campaigning in Varanasi shows the nervousness of BJP in UP. He added the change across the country will start from UP.
He further slammed Modi for failing to generate employment in the country. The PM had promised 20 milIlon jobs a year but labour department figures show that only 135,000 jobs have been created so far added Sibal.
On recent ruckus in Delhi Universities Sibal said, “Our universities and colleges are oass of learning. Such issues will turn them into barren deserts.”
He concluded by saying India can never be Congress-mukt as the party is based on the Constitution.