You are here: Home » PTI Stories » National » News
Business Standard

Note ban decision taken to financially harm BJP's rivals: SP

Press Trust of India  |  Lucknow 

Ruling today said the decision of the Modi government smacked of an attempt at "financially harming" rival political parties ahead of Assembly elections.

But, people who are facing severe hardships because of the note ban will "punish" in the Assembly elections and teach the saffron party a lesson, SP National Vice President Kironmay Nanda said here.

"Prime Minister Modi's move is aimed at financial harming rival political parties in 2017 UP Assembly polls. This poll is a do or die for thought that due to impact of demonetisation, rival parties in the state will not be able to withdraw money for polls," Nanda told PTI in an interview.

"does not know that this step is going to be 'atmghati' (suicidal) for the party. People who are standing in long queues for getting their own money will vote against to vent their ire," he said.

While making it clear that SP is not against a curb on black money, the senior SP MP said the way in which has been done showed "inexperience" of policy makers.

"This is creating problems for common man and SP is against it," he said.

"In this vast country four out of every five village do not have banking facilities. Villagers there depend on the rich for their money needs. Due to labourers are not getting job and they are starving. Centre has not given these issues a thought before banning 86 per cent of the currency," he said.

"The way in which Union Finance Ministry is changing rules on daily basis only showed that they were not ready to deal with the impact of move," he said.

The ruling SP is against the move in view

of the hardships being faced by the commoners and Chief Minister Akhilesh Yadav personally conveyed this to Prime Minister Modi to press for releasing more funds to cooperative banks due to the cash-crunch they are facing due to

Akhilesh, who met Modi in Delhi last week, highlighted the hardships of farmers in the state due to the cash-crunch triggered by the decision.

"The Prime Minister is aware of the hardships of the people. Farmers are unhappy and are facing a lot of trouble. This is the time for sowing...There are so many co-operative banks...When will they get the money," the chief minister had said after his meeting with the Prime Minister.

Akhilesh had earlier written to Modi and Finance Minister Arun Jaitley on the plight of the people following

Nanda pointed out that the government has on its part taken certain measures to ease the problems being faced by the common people.

The Chief Minister has instructed top officials to deal sympathetically with those standing in queues trying to withdraw money or exchange notes.

Instructing District Magistrates and Police Superintendents to deal with all sections of society with a sympathetic and sensitive attitude, the chief minister warned respective district administrations that those found responsible for inappropriate behaviour with people will face stern action.

The chief minister also directed all DMs to ensure that farmers do not face any problem in procuring seeds,fertilisers and other goods since rabi sowing is currently on.

First Published: Sun, November 27 2016. 13:57 IST