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India


Demonetisation was an attack on India's poor, farmers, labourers & small shopkeepers: Rahul

Demonetisation was an attack on India's poor,  farmers, labourers & small shopkeepers: Rahul

New Delhi, Sep 3 (UNI) Terming Demonetisation as an attack on India's poor, its farmers, labourers and small shopkeepers, Congress leader Rahul Gandhi on Thursday said that the entire country will have to fight against it together.
In the second in the series of his videos on the current state of the Economy, Rahul said, 'One of the first instances of Prime Minister Narendra Modi playing with the trust of a billion Indians came with the Demonetisation move. Overnight, he pushed Indians and their economy into a dark abyss from which they have not risen even today. Demonetisation was an attack on India's unorganised economy and we must recognise this attack. The entire country will have to fight against it together.'
Rahul said that Demonetisation was aimed at benefitting India's biggest billionaires.
'The money that you in your pockets, that you had in your homes was taken and used by the government to waive off the debts of these people,' he said.
Questioning the purpose of Demonetisation, Mr Gandhi said, 'the first question; Did it erase black money? No. Secondly, what was the benefit of demonetisation for the poor people of India? The answer is - nothing.'
The Congress leader said that demonetisation destroyed the informal sector in the country by wiping out cash from the system and benefitting billionaires in the country was its sole motive.
'The second goal was to wipe out cash from the system. Our informal sector which is the sector of the unorganised economy runs on cash. Whether it is a small shopkeeper, farmer or labourer, he or she works with cash. The Prime Minister himself said that he wanted a cashless India, a cashless Hindustan. However, if there is cashless India, the informal sector will be destroyed. Who suffered? The farmers, labourers, small shopkeepers, small and medium businesses. Those who were dependent on cash, those who cannot live without cash,' Rahul said.
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