1. Demonetisation: Poors mostly affected by the note-ban policy, will give befitting reply to the Modi-government in the upcoming elections

Demonetisation: Poors mostly affected by the note-ban policy, will give befitting reply to the Modi-government in the upcoming elections

Akhilesh Yadav, today, claimed that the poor were mostly affected by the note-ban decision taken by the Prime Minister and the government will get a befitting reply from these people during the upcoming elections.

By: | New Delhi | Published: November 25, 2016 2:19 PM
Uttar Pradesh Chief Minister Akhilesh Yadav. (Reuters) Uttar Pradesh Chief Minister Akhilesh Yadav. (Reuters)

With political uproar heating up over the implementation of the demonetisation policy by the Narendra Modi government, Uttar Pradesh Chief Minister Akhilesh Yadav, today, claimed that the poor were mostly affected by the note-ban decision taken by the Prime Minister and the government will get a befitting reply from these people during the upcoming elections.

Citing the increasing need to curb the flow of blackmoney in the country, Prime Minister Narendra Modi, on November 8, had initiated the demonetisation policy, following which there had been a ban on currency notes of the denomination Rs 500 and Rs 1,000. Chaotic situation erupted among the common people of the country since the implementation of the anti-graft policy, with people struggling to cash out money from their bank accounts. Even after two weeks of implementation, people are seen standing in ‘never-ending’ queues outside banks and ATMs, waiting for hours, to replace their scrapped notes or collect usable cash from the money-machines.

Opposition parties and leaders had locked horns with the Narendra Modi led central governmenrt, blaming the center for escalating public distress by not allowing them to withdraw their own money from bank accounts. With heated arguements and continuing protests, Rajya Sabha and the Lok Sabha had been witnessing repeated adjourns hampering the parliamentary proceeding of the winter session.

Over protests and criticism over the center’s decision, Prime Minister Narendra Modi, on the Constituency Day, today, had slammed the opposition leaders claiming that those opposing the anti-graft policy are actually agitated because they needed time to prepare for the step against blackmoney.

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