PM HAS HIT INDIAN ECONOMY & DESTROYED IT WITH TWO TORPEDOES OF DEMONETISATION & GST -RAHUL GANDHI

NEW DELHI: Congress Vice-President Rahul Gandhi on Monday attacked Prime Minister Narendra Modi and said that he has not understood the pain and feelings of people due to demonetisation.

“PM saying that November 8 will be celebrated conveys a message that he has not understood pain and feelings of people,” Rahul said addressing media.

“November 8 is a ‘sad day’ for India. The Prime Minister has hit country’s economy with two torpedoes of demonetisation and GST which have destroyed it,” Rahul added.

Several opposition parties have announced that they would observe November 8, the first anniversary of demonetisation, as ‘Black Day’ and would hold protests across the country to highlight its “ill- effects” on the economy

Announcing the decision at a joint press conference of the opposition coordination committee, Leader of Opposition in the Rajya Sabha Ghulam Nabi Azad had said, “This particular announcement made on November 8 is the scam of the century, which is why we are observing this as Black Day.”

To counter the opposition protest, the ruling BJP has decided to observe the note ban anniversary as “anti- blackmoney day”.

The government had on November 8 last year banned the use of old Rs 500 and Rs 1,000 notes and allowed the holders of these currency bills to deposit them with banks or use them at certain notified utilities.

Meanwhile, the RBI said it is still verifying returned notes through a sophisticated currency verification system.

In reply to an RTI query, the central bank said it has processed about 1,134 crore pieces of Rs 500 notes and 524.90 crore pieces of Rs 1,000 junked notes, having face value of Rs 5.67 lakh crore and Rs 5.24 lakh crore respectively, as on September 30.

The combined value of the processed notes is Rs 10.91 lakh crore approximately, according to the reply.

Courtesy: Agencies