TCN News
New Delhi: Social Democratic Party of India (SDPI) clearly observes that one year of much flaunted demonetization by the Prime Minister Narendra Modi has created nothing but economic disaster than any positive change in the country. In this context, Social Democratic Party of India has planned to observe Novmber 8 – the day when currencies were demonetised – as “Demonetization Accountability Day” with the caption “One Year is Over. PM Modi… Answer”.
SDPI’s national president A. Sayeed said in a press statement that the sudden announcement of demonetization in the midnight of November 8 shocked the entire nation and pushed the common folk to unexplainable and unprecedented miseries in exchanging their hard earned money. PM Narendra Modi assured the nation that it was a historic decision for which he will be answerable if this move proved to be a damp squib and he will be punished publicly.
Sayeed reiterated that, the nation witnessed only economic disaster by the demonetization and the reasons showed for the move was proved absolutely groundless and absurd. The entire nation mutely viewed that the common people including women, children, aged and handicapped persons were suffered heavily standing in queues day night whereas the rich, corporates, ministers, bureaucrats never stood in the queues to exchange their currencies but bartered their notes in bulk with the bank officials in the back door.
SDPI’s statement said, “During this one year after demonetization no any black-money was recovered, no fake currencies were confiscated, impact on terrorism is unseen and ultimately the nation became cashless. It was depicted by the Modi Bhakts that the demonetization declared by Modi was a bold and new leap in Indian history that nobody has taken such decision. In fact, there are many instances of demonetization in independent India which was taken on adequate preparation and due consultations with experts and ministers. Whereas, to gain instant and cheap heroic popularity Narendra Modi has imposed this grievous decision on the people of this country and categorically neglected his own ministers and economic experts before taking such serious decision.”
Sayeed said, “The nation is still not recuperated from the damages from the ghastly blow on the entire economy of the country as the large and small scale industries are not raised up from the heavy losses, crores of people lost their employment, construction and land development sector come to a total standstill, small and big trading sectors are at the brink of collapse and farmers and labors are facing the hardship to find their way of livelihood.”
He further said that it is a mystery that even after such a long period of nearly one year news reports appearing that large quantity of demonetized currencies are confiscated while transition. The police or intelligence agencies never revealed the names of culprits or designs behind this cash mafia. He said, “PM Narendra Modi has wisely forgotten his words as he had said that he will be punished publicly if demonetization proved a big failure.”
On 8 November, SDPI will lead the agitation throughout the country against such a “heinous crime committed by the Prime Minister” demanding answers from him for the damages and disasters incurred by blindfolded demonetization. Along with poster campaign SDPI will conduct ‘dharna’ in front of RBI in the states and also conduct dharna in front of district collectorates all over the country.