Chawla questions success of PM’s demonetisation initiative
Tribune News Service
Amritsar, November 17
The BJP leader, Lakshmi Kanta Chawla, has questioned the success his party Prime Minister Narendra Modi has achieved in weeding out black money from the market by demonetising currency notes of Rs 500 and Rs 1,000 denominations.
Firebrand Saffron party leader asked the Prime Minister to reconsider the strategy of distributing new currency notes among the public. She said the present procedure was causing utmost inconvenience and sufferings to the common people.
It was perceived that demonetisation would weed out illegal black money, in hands of a few people and from the domestic market, but on the contrary it causing hardships to the public, she added.
She said since the demonetisation of Rs 500 and Rs 1,000 notes on November 8, long winding queues of the public were regularly seen outside branches of various banks.
Earlier, the people had endorsed the move of the Prime Minister considering that it would rein in corrupt and their ill-gotten wealth, she added. She said, “However, with each passing day, the situation is becoming more suffocating for the common man than the corrupt.”
She said notably the people, who had amassed ill-gotten wealth, were not seen in queues outside banks and ATMs. Majority of the people seen in queues were bread winners of families, she added. She said they were standing in queues after abstaining from their work.
She added that their taking leave from the work meant that they could not earn living on that day.
She said the worst scenario was of handicapped and aged people standing in queues waiting for their turn. Similar was the ordeal of the people, who wanted to withdraw their hard-earned saved money to meet expenses of marriages of their sons and daughters, she added.
She said it dealt mental and psychological blow to the people when they could not use their own saved money.
