Chief Minister Akhilesh Yadav said that Indians would never forgive Prime Minister Narendra Modi for inflicting pain on them by banning high value notes.
Addressing a public meeting after concluding his Vikas Rath Yatra at Rampur on Saturday, Yadav said that the people have suffered immense sufferings due to the myopic decision of demonetisation which has also jolted the development of the country.
The second leg of the CM’s Vikas Yatra commenced earlier in the day from Moradabad. The earlier one was taken out from lucknow to Unnao on November 3.
Speaking on the issue, the CM said, “The NDA Government cited three reasons for banning high value notes — fight corruption, flush out black money and fight the menace of counterfeit currency. None of these will be met as banning currency is no solution to the these problems. There may be short terms gains but at the huge cost to the masses and the economy.’’
“How are you going to stop the contractors and officers from taking bribes and commissionIJ They will devise other novel means. There may be temporary check on generation of black money, but the problem is set to bounce back,’’ said Yadav.
“People of the country will never forgive the government which gives them pain. The entire country is groaning under the pain of cessation of high value notes while the government is rigid on its decision. The scarcity of currency notes in banking system will not ease in the next 50 days and will at least take six months,” the CM asserted.
Queeringthe decision, Yadav said, “No one had ever imagined that they would have to stand in queues in banks for withdrawing their own money.”