Raising questions over the decision of demonetisation of old currency notes, general secretary of the Communist Party of India (Marxist) Sitaram Yechury alleged that the Central Government failed in achieving the objective behind demonetisation of Rs 500 and Rs 1000 currency notes.
He said this while addressing ‘Meet the Press’ programme held at Raipur Press Club here
Compared to last year, several jawans were killed in bordering areas after surgical strike while efforts to reduce corruption seems to be tall claims only, he alleged.
He further alleged that GDP rate has comes down from 7.9 percent to 7 percent which shows the adverse impact of demonetization on Indian economy.
As many as 32 million daily and weekly employments have been affected whereas demonetization has adversely affected farmers and poor, Yechury said.
The automobile industry across the nation has registered major loss after 16 years, he further alleged.
He informed that the party along with 16 other associations will hold mass movement
against ill effect of demonetization after Holi in March this year.