City
Epaper

Demonetisation was an attack on India's informal sector: Rahul Gandhi

By ANI | Updated: September 3, 2020 11:35 IST

Hitting out at the Central government, Congress leader Rahul Gandhi on Thursday said that demonetisation was an attack on India's informal sector which mainly included poor labourers, farmers and small shopkeepers.

Open in App

Hitting out at the Central government, Congress leader Rahul Gandhi on Thursday said that demonetisation was an attack on India's informal sector which mainly included poor labourers, farmers and small shopkeepers.

His remark came in the second video of his new series on "how the Modi government has destroyed Indian economy" in which he said that there was a hidden motive to waive loans of corporates after taking out money from the unorgsed sector.

"Demonetisation was an attack on poor labourers, farmers and small shopkeepers of the country. Demonetisation was an attack on the unorgsed sector. On November 8, 2016, Prime Minister Narendra Modi announced the decision that currency note of Rs 500 and Rs 1,000 will not remain legal tender. The whole of India stood outside banks," he said.

The Congress leader said that menace of black money circulation has not ended and poor suffered the most due to demonetisation.

"Who did get the benefit then? India's biggest billionaires got the benefit. Money was taken out of your pockets and the government used that money to forgive their loans," he said.

"There was a hidden motive. The motive was to take out money from the unorgsed sector. Prime Minister himself said he wants cashless India. If there will be cashless India, then the unorgsed sector will be finished. Farmers, labourers, small shopkeepers, small and medium businesses suffered losses. We should identify this attack. And the whole of the country has to fight against it," he said.

In the first video released on August 31, the former Congress chief alleged that the NDA government has been attacking the informal sector over the past 6 years and asserted that the aim of demonetisation, "wrong" Goods and Services Tax (GST) and lockdown is to destroy this sector.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: congressndaNarendra ModiRahul GandhiKerala youth congress
Open in App

Related Stories

MumbaiBandra Fort Party Controversy: Viral Video Sparks Political Row as Sena UBT, Congress Question Alcohol Event at Heritage Site; CM Fadnavis Reacts (Watch)

Entertainment“Unki Aankhein Namm Thi”: Vikrant Massey Revisits PM Modi’s Response to The Sabarmati Report

NationalBihar Assembly Election Results 2025: Tejashwi Yadav Retains Raghopur Seat, Defeats BJP's Satish Kumar by 14,532 Votes

NationalBihar Election Results 2025: Mahayuti celebrates ‘development mandate’, Opposition says verdict shaped by split minority votes

National“Good Governance, Development Have Won”: PM Modi After NDA’s Impressive Performance in Bihar Polls

Politics Realted Stories

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days

NationalBJP Candidate Satish Kumar Leading Over Tejashwi Yadav in Raghopur Assembly Constituency

NationalBihar Assembly Election Results 2025: Tejashwi Yadav Leads, Tej Pratap Trails in Early Trends

NationalTarn Taran Assembly By-Election 2025: 23.05% Voter Turnout Recorded Till 11 AM in Punjab By-Poll

MaharashtraWho Is Akshaya Naik? Shetkari Kamgar Paksha Named Mayoral Candidate of Alibag