Demonetisation impact: RBI Governor Urjit Patel shown black flags outside Kolkata airport

Governor of the Reserve Bank of India, Urjit Patel was on Thursday shown black flags outside Kolkata airport during a protest staged by Congress workers against demonetisation. They also raised slogans "Urjit Patel go back" and "Urjit Patel hai hai", however,  the security personnel managed to escort the RBI Governor inside the airport.

Earlier in the day, West Bengal Chief  Minister Mamata Banerjee met Patel to express her concerns over demonetisation.  “The meeting was good,” Patel told reporters at the state secretariat.

Earlier, Patel attended a meeting of the RBI central board at the apex bank’s office where Trinamool Congress and CPM workers had staged demonstrations.

When asked about the meeting, Banerjee told reporters, “I am satisfied with the meeting (with Patel)”. “I availed the opportunity to express views of the common man are facing immense hardships due to demonetisation... The prime minister, Parliament, nothing is available. No one is responding. Patel is a direct man,” she said. “RBI is a big institution. We respect it. It should not be politically misused,” she said.

 Demonetisation impact: RBI Governor Urjit Patel shown black flags outside Kolkata airport

RBI Governor Urjit Patel. PTI

The TMC chief also handed over a letter to Patel in which she said, “as the Governor of RBI, an autonomous institution with a great history, which issues currencies to the nation, we expect you to stand up against this demonetisation onslaught against the common people of the nation at this moment of crisis, rather than falling silent and remaining opaque”. “We would also like to know from you the nature of allocation of new currency to each of the states in a spirit of transparency and accountability, since there are serious concerns of political discrimination amongst States,” the letter said.

The whole country, she said, is going through “unprecedented misery and suffering” due to the “cruel misadventure” of demonetisation which has not been seen in any modern democracy. “You are perhaps aware that already five crore workers across the country and across the sectors are facing unemployment and hunger. Unorganised sector of the country which provides two-third jobs in the country has literally collapsed,” Banerjee said in the letter.

“The small and medium enterprises are shutting down shops in lakhs. The massive trading sector of the economy has been brought down to its knees due to cash crunch, unable to conduct its business.” The farmers of our nation are going through a trauma never seen before and that too not due to natural calamity but due to a man-made disaster of massive demonetisation. Even the middle and large industries have dropped their production by at least 50 percent,” she added.

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Updated Date: Dec 15, 2016 19:43:30 IST

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