Centre's remonetisation drive a 'Fair and Lovely' scheme, says Congress

'"Nothing will happen in 50 days. The PM will give your money to the rich. Modi wants to waive off bank loans,' Rahul Gandhi said

The Congress Party on Monday called the Narendra Modi government's demonetisation-cum-remonetisation drive a 'Fair and Lovely' scheme which would only help the corrupt turn their black money into white.

"Modi government's new policy of asking corrupt people to pay 60 per cent fine on your black money and convert it into white is only a 'Fair and Lovely scheme'. So this 'suit-boot' government is only for the suit boot people and not for the common people," Congress spokesperson Shobha Oza said.

Oza added that party Vice President Rahul Gandhi will address a rally on Monday in Jaunpur, Uttar Pradesh, where he will highlight the "real objective" behind demonetisation.

Earlier, Gandhi had said at a rally in Belgaum, Karnataka, that demonetisation is a Modi-made disaster.

"As there is a man-made disaster, similarly demonetisation is a Modi-made disaster," he said.

He further said that Prime Minister Narendra Modi had attacked the economy by announcing demonetisation.

"More than 100 people have died because of demonetisation drive and PM Modi is responsible for it," Rahul said, adding that Modi government has been attacking the poor people for last two-and-a-half years.

"Nothing will happen in 50 days. The Prime Minister will give your money to the rich. Modi wants to waive off bank loans," he added.

He further said that Modi has mocked farmers and the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which is the backbone of the farmers.

Earlier, he claimed that he had some 'information' of the PM's 'personal corruption' which he will only reveal in the Lok Sabha.

The Congress vice president has been strongly opposing demonetisation ever since its announcement.