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Amar Singh praises Modi for demonetisation

Press Trust of India  |  Varanasi 

The decision has received praise from an unexpected quarter, with leader terming it as a "courageous" experiment to eliminate black money and corruption and saying that he was "proud" to have Modi as Prime Minister.

Singh, whose party has slammed Modi for demonetisation, claimed the step has reduced the gap between rich and the poor and now people would pay taxes instead of evading them.

Though it was implemented without "proper arrangements", the sudden implementation of the move helped prevent "adjustment" of black money and unaccounted by hoarders, the member said here yesterday.

Describing the decision as "courageous" experiment to eliminate black money, corruption and fake currency, Singh said he as "a countryman is proud to have such a Prime Minister who is so dedicated and adamant to root out corruption."

According to him, now the black money hoarders are getting "sleepless nights".

"The people standing in queues outside banks are saying that the Prime Minister has punished all who have amassed huge wealth, whether they are from his party (BJP) or others," he said.

Even people who are facing problems and suffering are saying that they can bear the hardship for some days but will support the Modi-led government's scheme to curb corruption, black money and terrorism, Singh said.

"I am not a BJP spokesperson but a SP member, whatever the opinion of my party might be on the issue but I have shared my personal view on it," he said.

However, he registered his protest against the "mismanagement" in implementing the move, saying he was pained to the see people suffering due to it.

"I am not against this scheme, but the government's failure in making proper arrangement before implementing the scheme has only brought sufferings in the lives of common people which has pained each one of us,"Singh said.

"What is the purpose of implementing a scheme due to which poor, farmers, small traders and common people have to suffer?" he said.

Singh claimed that due to demonetisation many companies have started reducing their staff to cut their cost.

Raising questions over the app-based survey by the over demonetisation, in which allegedly majority people have supported the move, the member said there were "doubts" on the survey.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, November 26 2016. 21:07 IST