Mulayam seeks PM's statement on demonetisation

Samajwadi Party chief Mulayam Singh Yadav on Monday saught Prime Minister Narendra Modi's statement on demonetisation in the Lok Sabha, saying that the farmers and the weaker sections of the society were worst affected by the cash crisis caused by the move.

"Prime Minister should come to Lok Sabha and give his statement on the government's demonetisation move which has led a cash crisis across the country," Yadav said in the lower house of Parliament.

He added that the farmers and the weaker section of the society were badly affected by the November 8 demonetisation.

"Farmers are not able to purchase seeds because they do not have cash with them and that is why they are not able to sow the seeds in the fields.

"Poors and labour class people also facing lots of hardships as they do not have cash with them," Yadav said.

The central government demonetised RS 500 and Rs 1,000 currency notes to put a curb on black money and counterfeit currency.

--IANS

am/ahm/vt