HomeWorldDemonetisation aimed to destroy small businessmen: Rahul Gandhi IV News
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Demonetisation aimed to destroy small businessmen: Rahul Gandhi IV News

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Congress leader Rahul Gandhi on Thursday attacked Prime Minister Narendra Modi over the circulation of old Rs 1,000 and Rs 500 notes, saying it was a financial attack on traders that affected their cash flow and destroyed their businesses.

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He said that Prime Minister Narendra Modi is aware of the impact of demonetisation on small and medium businessmen.

The Congress leader was addressing a massive public meeting at Chalakudy in the district on Thursday as part of the ‘Bharat Jodi Yatra’ that entered Thrissur district. Senior Congress leaders and Rajasthan Chief Minister Ashok Gehlot among others joined in today’s march.

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The BJP-led central government had on November 8, 2016 demonetized Rs 500 and Rs 1,000 notes and asked holders of such notes to deposit them in bank accounts by December 30, 2016.

Rahul Gandhi said that many people felt that demonetisation was a mistake committed by the Prime Minister and he did not really understand its consequences.

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“Brothers and sisters, this is not true. The Prime Minister understood exactly what demonetisation was going to do. Demonetisation was a financial attack on India’s merchants. It was designed to destroy your cash flow and destroy your business. Narendra Modi understands very well that if you are a small trader, or a restaurant owner and if he cuts your money flow for a few days, you are finished,” he said. Told.

He alleged that GST was designed to break the back of small and medium traders.

“You know how demonetisation and GST harmed small and medium traders, gold traders in the city and how it continued to devastate and destroy businesses,” the Congress leader said. These measures did not affect large businesses.

Continuing his attack on the prime minister, Gandhi said Modi allows five or six big businesses to run business in the country.

“Modi’s vision of India is that five or six big businesses run this country and the complete destruction of small and medium businesses and the reason is simple. You don’t give them money. You don’t control the television channels. You tell the narrative. Can’t control this country,” he said.

Rahul Gandhi said that India is facing the highest rate of unemployment in the last 70 years and the highest inflation in decades.

“Our people are drowning in debt, inflation and unemployment. India’s debt increased from Rs 50 lakh crore in 2014 to Rs 139 lakh crore in 2022 and if you count per capita debt, Rs 1 lakh on each person outstanding,” he said.

The ‘Bharat Jodi Yatra’ is set to cover a distance of 3,570 km in 150 days. It started from Kanyakumari in Tamil Nadu on 7th September and will end in Jammu and Kashmir.

Entering Kerala on the evening of September 10, the yatra will cover a distance of 450 km through the state and touch seven districts over a period of 19 days before entering Karnataka on October 1.

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