Published: Wed, November 16, 2016
Global Media | By Abel Hampton

Congress says demonetisation no war against black money

Terming the demonetisation of high-value notes as "crisis of very big proportions", the CPI (M) on Tuesday claimed the move will not achieve Prime Minister Narendra Modi's objectives including combating black money. He said that the Prime Minister also spoke on funding of political partied and stressed on making it transparent. The opposition leaders from the Congress, Trinamool Congress, Bahujan Samaj Party, Samajwadi Party, CPI-M, CPI, RSP, Natikonalist Congress Party, Janata Dal-United and Rastriya Janataa Dal met in Parliament House ahead of the all-party meet called by the government, and made a decision to raise voice against demonetisation in unison in Parliament.

On the eve of the Winter Session of Parliament, the Congress on Tuesday stepped up its attack on the government over demonetisation arguing that the move would have an "adverse effect" on the GDP due to "freezing" of 86 percent of banknotes in value terms.

Recalling the productive Monsoon session of Parliament during which the Goods and Services Tax (GST) Bill was passed, the Prime Minister hoped that the Winter session would be fruitful.

Azad also sought to corner the government by alleging that Prime Minister Narendra Modi had disclosed the move to his partymen and not adhered to the principle of confidentiality.

He, however, added that his party is not for a rollback of the drive.

Opposition leader in the Rajya Sabha Ghulam Nabi Azad said the Opposition is united in opposing the Centre's decision. Commenting on West Bengal Chief Minister Mamata Banerjee's decision to meet President Pranab Mukherjee on the issue, Azad said it was her personal decision.

CPI-M leader Sitaram Yechury said government will have to allow the common people to use old currency notes for all white transactions till the time alternative arrangements are made.

He said government should do something so that the people get some relief and are not harassed. "Politicians are accused of several things and it was time we could send out a positive message to the people", the Prime Minister said.

"Polls happen separately. Let there be one election, simultaneous elections", he said, seeking a consensus on the issue. Asked about the opposition's strategy for taking on the government on demonetisation, Salim said, "We will seek all alternative tools in a democracy, including a demand for constituting a joint parliamentary committee to go into the issue and hold the government to account".

The Congress and the Trinamool Congress gave notices for the suspension of business in both Houses of the Parliament on the first day of the Winter Session, to discuss demonetisation.

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