The Telegraph
Wednesday , January 11 , 2017

PM butt of ridicule after demonetisation: Rahul

New Delhi, Jan. 11 (Agencies): Congress Vice-President Rahul Gandhi on Wednesday said that it is for the first time that India's Prime Minister is being “ridiculed world over” for his “ill-conceived” demonetisation.

He was addressing a Congress 'Jan Vedna' meeting against the November 8 demonetisation of old 1000- and 500-rupee notes that led to a huge shortage of currency notes and disrupted life.

He said “achhe din” (good days) will come when the Congress comes back to power at the Centre in 2019, taking a jibe at Prime Minister Narendra Modi’s 2014 election campaign line.

”For the fist time India's Prime Minister is being ridiculed the world over...never before every single economist of any repute said that Prime Minister has taken an ill-conceived decision,” Rahul said, adding “demonetisation was a personal decision of the Prime Minister.”

Alleging that the economy has gone back 16 years under Modi, Rahul pointed to the sharp drop in automobile sales.

An industry body reported on Tuesday that monthly automobile sales in December fell to a 16-year-low as demonetisation hit the industry hard.

Denying charges by Bharatiya Janata Party leaders that the Congress has done nothing for the country, he said the BJP in its two-and-a-half years has damaged institutions such as the Reserve Bank of India and the judiciary, which had been built over decades.

He said the role of these institutions, which he described as the “soul” of India, has been undermined by the present government.

”We respected RBI's independence. It is the financial bedrock of India and now it is is being ridiculed. People in RSS and BJP are under the impression that nobody else's opinion matters but theirs,” he said here.


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