ALSO READOpposition steps up attack on Modi over demonetisation Modi lying to farmers; his government anti-farmer: Mayawati PM Modi shakes of Oppn attack, to go full throttle with demonetisation: Sources Modi Govt. has failed to carry out its constitutional obligations: Mayawati Mayawati slams PM Modi's silence, says don't be apathetic towards Dalits
Bahujan Samaj Party (BSP) chief Mayawati on Saturday slammed the Narendra Modi government over the poor implementation of demonetising Rs 500 and Rs 1,000 currency notes and said the step was "politically motivated for political gains".
"Without planning, demonetisation has created a kind of financial emergency situation in the country," the former Uttar Pradesh Chief Minister said.
She also said demonetisation would not help the Bharatiya Janata Party (BJP) in the upcoming Uttar Pradesh assembly elections. "...Instead of gaining anything, they are set to loose," the BSP supremo said.
On November 8, the government announced scrapping of Rs 500 and Rs 1,000 currency notes to curb "black money and corruption".
Serpentine queues were witnessed outside banks and ATMs after the announcement of the demonetisation, as many anxious people waited for hours to deposit or exchange their spiked currency notes or obtain cash.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)