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Mamata Banerjee calls demonetisation a man-made disaster, says Modi looted taxpayers' money
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  • Mamata Banerjee calls demonetisation a man-made disaster, says Modi looted taxpayers' money

Mamata Banerjee calls demonetisation a man-made disaster, says Modi looted taxpayers' money

FP Staff • December 8, 2016, 15:54:56 IST
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Mamata Banerjee also claimed that almost 90 people have died due to hardships following demonetization of high value notes.

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Mamata Banerjee calls demonetisation a man-made disaster, says Modi looted taxpayers' money

West Bengal Chief Minister Mamata Banerjee on Thursday again lashed out at Prime Minister Narendra Modi as a month passed since the government announced that old Rs 1,000 and Rs 500 notes will cease to be legal tender. Banerjee, who has been staunchly against the move since the start, on Thursday, claimed that people have been subjected to harassment and financial insecurity in the one month since demonetization. Urging the Prime Minister to clarify the situation and take entire responsibility for it, she alleged that ever since demonetisation, governemnt’s every move has been shrouded in mystery. “Everything is done in huge secrecy, like he (PM Modi) is some Ali Baba. He should realise he is occupying a constitutional post,” the West Bengal Chief Minister was quoted by ANI as saying. She also claimed that 90 people have died due to hardships following demonetization of high value notes.

One month since #DeMonetisation was announced. More than 90 lives lost. How many more Modi babu? pic.twitter.com/J43sj45QJn

— Mamata Banerjee (@MamataOfficial) December 8, 2016

“One month of harassment, pain, hopelessness, financial insecurity and utter chaos,” Banerjee said in a statement. [caption id=“attachment_3136818” align=“alignleft” width=“380”] ![West Bengal Chief Minister Mamata Banerjee. PTI](https://images.firstpost.com/wp-content/uploads/2016/12/mamatabanerjee-pti1.jpg) West Bengal Chief Minister Mamata Banerjee. PTI[/caption] “That is all that the common people has got after the black decision on demonetization announced a month back on November eight,” Banerjee, who has been the most vocal against demonetization of high value notes, said. “PM must clarify the situation to the nation and take entire responsibility,” Banerjee said. A fiery Banerjee, who has been spearheading protests against demonetisation outside the Parliament termed it a “man made disaster” and “financial emergency”. Hitting out at Modi, she said that he has “looted people’s money” “Where is the black money? This is public money that you have taken, without consulting anybody before making the decision,” Banerjee said lashing out at Modi. “He (Modi) thinks as if he is a tiger, and the only one who is right,” Banerjee added in disdain. Claiming that no black money has been recovered, the Trinamool Congress supremo said, “Only white money of the common people has been snatched away.” Mamata also questioned the motives behind the government’s move, alleging that nobody but the prime minister and his aides have benefited from the scheme.  

What is the hidden agenda and who is the beneficiary? Beneficiaries are only the PM and his people: WB CM Mamata Banerjee #DeMonetisation pic.twitter.com/pj7x0Ry6IM

— ANI (@ANI) December 8, 2016
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The TMC MPs have been staging protests in both houses of Parliament since the winter session began. “Even no black money has been recovered from foreign countries. In the name of recovery of so called black money, the ruling party at the Centre has created assets in the form of land, bank deposits, gold, diamonds and has become more and more capitalist,” Banerjee, who has led an unrelenting attack on the BJP and Prime Minister Narendra Modi over demonetization, said. She also hit out at the Prime Minister over his absence from the House. “Many prime ministers have assumed office but nobody did this what Narendra Modi has done… Parliament is liable to people. That was not taken into account,” Banerjee said. She said in her statement, “Production has nosedived, agricultural activities have been shattered, buying and selling is down drastically, the economy is in shambles - the entire country is passing through an unprecedented financial emergency. “Untold sufferings have come down in the lives of farmers, labourers, workers of unorganised sectors, tea garden, beedi and jute workers, employed class, students, sick, old and infirm people,” the chief minister said in her statement. “The common man is helpless. Mothers and sisters have been forced to give away their small personal savings to run the family in the face of serious cash crunch.” “No one knows when this unfortunate ordeal will end. No one knows when good senses will prevail to stop this mindless harassment and sufferings of common people. No one knows what good has happened to the country and ts people with this big, black decision,” the chief minister said. Calling for immediate action to restore trust and confidence of the people on banking and financial sectors, Banerjee said, “People must have hassle-free access to their own money and feel secure that their money is safe with banks and financial institutions.” “We have raised the issue repeatedly in Parliament and in different other platforms. Leading economists have criticized this mindless demonetization. But there is no response yet,” she added. With inputs from PTI

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Mamata Banerjee Narendra Modi NewsTracker Trinamool Congress All India Trinamool Congress BJP. NewsTracker PM Modi currency ban Demonetisation of Rs 500 notes notes ban
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