Congress blames demonetisation for farmers unrest

Image
Press Trust of India Thiruvananthapuram
Last Updated : Jun 13 2017 | 6:32 PM IST
Congress today alleged that the farmers unrest in certain parts of the country was a result of demonetisation of Rs 1000 and Rs 500 notes.
Describing the note ban announced in November last year as a "Himalayan Blunder", former Union Minister Shashi Tharoor, MP and AICC Social Media in Charge Divya Spandana said farmers have been badly affected in various ways due to the note ban and "what we are facing now is its consequences".
"We have seen certain connections to the farmers stir with the demonetisation", Tharoor said when asked about the farmers agitation in Madhya Pradesh and Maharashtra.
Cash crunch following note ban had forced the farmers to sell their products at a low price affecting their livelihood, he said.
"What we have began to see is actually, I am afraid, only one aspect of much larger nation wide problem the country is going to face", Thaoor said while charging the NDA government with total failure in all sectors.
He condemned the ban of sale of cattle for slugger and said "definitely it is an assault on the freedom of the food habits of citizens".
The Congress has decided to strengthen the campaign against the Centre by highlighting its failures, Spandana said.
Index of industrial production, which was growing at 5.3 per cent in February 2016, has come down to 1.9 per cent in March 2017, Tharoor said.
Gross Value Added (GVA) a true sub-measure of economic activity, has experienced a steep fall.
The GVA growth of industry has fallen from 10.7 per cent in March 2016 to a low of 3.8 per cent in March 2017, a decline of nearly seven percentage points, the Congress leaders pointed out.
"Beyond the slogans, advertising and hyper-rhetoric, sentiment is gloomy and nothing works on the ground", they said.
They said some of the flagships programmes of previous UPA government has been renamed and implemented by the present government.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 13 2017 | 6:32 PM IST

Next Story