Friday, May 29, 2020
News

Mamata, Shiv Sena, AAP seek President's intervention against demonetisation (Second Lead)

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Wednesday, 2016 6:15:04 PM IST
Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee and leaders of three other parties including the Shiv Sena on Wednesday sought President Pranab Mukherjees intervention over the problems faced by people following the "financial calamity" unleashed by the demonetisation move.

Joined by the leaders of National Conference, Aam Aadmi Party (AAP) and BJP ally Shiv Sena, Banerjee and 40 of her Trinamool MPs marched to Rashtrapati Bhavan demanding rollback of demonetisation of 500 and 1,000 rupee notes.

However, Delhi Chief Minister Arvind Kejriwal gave the march a miss, with MP Bhagwant Mann representing the party.

Dubbing demonetisation as a "big black scheme", Banerjee said the currency spike decision has led to the deaths of around 20-30 people across the country and resulted in a loss of Rs 2 lakh crore to the GDP.

"This is a big black scheme, today there are no vegetables in the market, no milk for babies and no medicine for the sick and the ailing. Around 20-30 people have already died, many of them due to stress," said Banerjee.

She also called for a probe into the rise of the banks' non-performing assets (NPAs).

"In the last six months, nonperforming assets (of banks) have increased substantially, there should be a probe into this. Even the government's income declaration scheme did not attract a single paisa," she claimed.

Equating Modi with the medieval era Delhi Sultan Muhammad Bin Tughlaq, Banerjee ridiculed "the totally unplanned" demonetisation move.

"Now ATM means 'Aayega toh milega'," said Banerjee reflecting on the cash-starved citizens' ordeal.

"The move was implemented without any planning, this has created financial calamity and financial emergency in the country. The country has been pushed towards anarchy," she said.

Banerjee also said the Trinamool will bring an adjournment motion in the Lok Sabha on Thursday against demonetisation.

She hoped the President will take appropriate steps.

"We told the President that you are the custodian of the Constitution, you talk to the government so that normalcy is restored. Otherwise the condition will worsen, people will die of hunger, there will be riots. Because of this agricultural production has suffered, there will be no food then.

"The peaceful country has been pushed towards anarchy, this has led to law and order problems.

"The President gave us a patient hearing, he was the country's Finance Minister, no one can understand the situation better than him. So we hope he will take appropriate action," added Banerjee.

National Conference leader Omar Abdullah was among leaders who took part in the march that started from the Parliament House premises.

The Shiv Sena which has been critical of demonetisation was represented by MP Anandrao Adsul who said they were not against the decision to demonetise currency but at the way it was implemented.

"We are not against the decision but the way it has been implemented. On that we are supporting Trinamool Congress. The decision should have been implemented with proper preparations," Adsul told IANS.

--IANS and/rn

( 509 Words)

2016-11-16-17:58:02 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
US stocks fall amid downbeat data...
Kranti Prakash Jha says he's got a diffe...
Wipro appoints Thierry Delaporte as CEO ...
GDP growth slips to 3.1 pc in Q4...
US dollar slips amid rallying euro...
Equity indices dip ahead of Q4 GDP data,...
More...
 
INDIA WORLD ASIA
129 people return from Bangladesh, quara...
'Covid discharge rate up after change is...
COVID-19 lockdown: Locals stage demonstr...
Bihar cops perform duties amid scorching...
Over 250 migrants head home on Shramik t...
COVID-19: Amritsar Hotel Association dem...
More...    
 
 Top Stories
Delhi HC restrains Quikr, Olx from ... 
COVID-19 infection reaches RS Secre... 
Will Smith reveals his 'terrifying'... 
N.Koreans charged with money launde... 
Sangakkara lifts lid on two tosses ... 
NIA files charge-sheet against 10 i... 
COVID-19: Delhi HC further suspends... 
Astrologer Bejan Daruwala passes aw...