Sidhu, Jakhar hit out at Modi govt, say de­mon­eti­sa­tion was or­gan­ised loot

Hindustan Times (Amritsar) - - Punjab - HT Cor­re­spon­dent let­ter­schd@hin­dus­tan­times.com

CHANDI­GARH: The Pun­jab Con­gress launched a twin at­tack on the Naren­dra Modi gov­ern­ment on the sec­ond an­niver­sary of de­mon­eti­sa­tion.

State lo­cal bod­ies min­is­ter Navjot Sidhu, who did a Face­book live on the In­dian Youth Con­gress (IYC) page on Thurs­day, which clocked over 7,000 views, hit out at the BJP for “de­mon­etis­ing” In­dian ru­pee glob­ally say­ing it had never dipped so low against the US dol­lar, euro and pound.

Tak­ing a jibe at the “Hin­dutva” doc­trine of the saf­fron party, Sidhu said Hin­duism teaches keep­ing one’s word. “My mother was a Hindu and my fa­ther was a Sikh. My mother taught me Hin­duism means “pran jaaye par vachan na jaaye (one should keep one’s word even at cost of one’s life)”. But all Modi did was make false promises. Where is the black money he promised to bring back to the coun­try? Where is ₹15 lakh he promised in ev­ery­one’s bank ac­counts,” Sidhu said while ad­dress­ing a press con­fer­ence here.

He al­leged that banks owned by BJP lead­ers pock­eted ₹22,000 crore af­ter note ban. “It was noth­ing but a way to turn black money into white. It was or­gan­ised loot,” Sidhu said.

He claimed In­dia was the only coun­try where higher de­nom­i­na­tion notes were printed af­ter de­mon­eti­sa­tion. “Now, 80% notes in cir­cu­la­tion are of ₹2,000. Does a poor man use a ₹2,000 note? It fin­ished the un­or­gan­ised sec­tor, medium and small scale in­dus­tries and made big cor­po­rates richer,” he said.

Pun­jab Con­gress pres­i­dent and Lok Sabha MP from Gur­daspur Su­nil Jakhar held a de­mon­stra­tion in front of re­gional of­fice of the Re­serve Bank of In­dia (RBI) here to protest against de­mon­eti­sa­tion and tar­geted the Modi gov­ern­ment’s plan to draw ₹3 lakh crore more from re­serves of the RBI.

Ac­com­pa­nied by cab­i­net min­is­ter Bal­bir Singh Sidhu and Youth Con­gress leader Yad­winder Singh Kang, Jakhar said nei­ther black money came out nor was it con­trolled.

“If any­thing hap­pened, it was a few busi­ness houses turn­ing black money into white while mil­lions of small traders, farm­ers and mid­dle class peo­ple are still strug­gling to earn their liveli­hood. The BJP had promised 2 crore jobs ev­ery year to the youth but de­mon­eti­sa­tion made 35 lakh peo­ple job­less as small busi­nesses were hit,” Jakhar said.

›All Modi did was make false promises. Where is the black money he promised to bring back to the coun­try? Where is ₹15 lakh he promised in ev­ery­one’s bank ac­counts. NAVJOT SINGH SIDHU, lo­cal bod­ies min­is­ter

■ Pun­jab Con­gress pres­i­dent Su­nil Jakhar and cab­i­net min­is­ter Bal­bir Singh Sidhu dur­ing a protest to mark two years of de­mon­eti­sa­tion, in front of the RBI of­fice in Sec­tor 17, Chandi­garh, on Fri­day. ANIL DAYAL/HT

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