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PM Modi Couldn't Recover Money from Corporates, so Introduced Demonetisation: Rahul Gandhi

A TV grba of Rahul Gandhi in Uttar Pradesh's Dadri

A TV grba of Rahul Gandhi in Uttar Pradesh's Dadri

PM's demonetisation drive has made them "cashless" as he couldn't recover money from corporates

Dadri: Sharpening his attack on Prime Minister Narendra Modi, Congress vice-president Rahul Gandhi on Tuesday told people at Dadri Anaj Mandi that Prime Minister Narendra Modi's demonetisation drive has made them "cashless" as he couldn't recover money from corporates who squandered away with crores of rupees.

"Prime Minister Narendra Modi has taken away your money back to banks while he couldn't recover it from top corporates of the country who have taken at least Rs 8 lakh crore loan from banks", Gandhi said addressing traders and women in Uttar Pradesh's Dadri.

"PM has made you stand in line for banks to function. If your money remains in these banks for eight to 10 months, they will be able to waive off these loans owed by the industrialists who actually marketed Modi and made him the Prime Minister," Gandhi added.

Taking a direct jibe at Prime Minister, Gandhi said "Modi has really made the economy cashless because the people don't have any cash. The whole country is crying," he said.

Gandhi said the demonetisation was carried out to suit the interests of the corporates and industrialists who were "running the government de facto".

Minutes after senior Congress leader and former finance minister P Chidambaram criticised NDA government for implementing the "anti-poor" demonetization scheme, Rahul who is on visit to the state said, "PM's narrative has changed over time. First, it was fight against black money, then terrorism and now it's about making society cashless. PM talks about making the society cashless, society has already become cashless because of this move, people are suffering".

"The poor and honest queuing up outside banks and ATMs" continued to suffer he said, adding "you will not find a single rich or black money hoarder there", as they were completely unaffected by the exercise, Rahul told the women and traders who had assembled in the area.

Gandhi said, "While you struggle to get your own money, the black money hoarders are getting their money converted into white in the banks through the back doors."

He accused Modi of waging a war against the poor through demonetisation.

(With inputs from IANS)

first published:December 13, 2016, 12:37 IST