Note ban will lead country to 'national disaster': A K Antony

Image
Press Trust of India New Delhi
Last Updated : Dec 14 2016 | 1:13 PM IST
Former Defence minister A K Antony today said demonetisation would lead the country toward a national disaster and that Prime Minister Narendra Modi does not deserve a pardon.
He was addressing the leaders and workers of the party at Jantar Mantar who are protesting the alleged bias against the co-operative banking sector post demonetisation.
"India as a whole is moving toward a national disaster due to the decision taken by Narendra Modi. This has given a chance to black money holders to convert it into white. Modi doesn't deserve forgiveness," Antony said.
He also accused the Centre of trying to strangulate the co-operative and the agriculture sectors in the state.
AICC general secretary Mukul Wasnik, who was also present at the protest venue, said "people must punish the Prime Minister in a democratic manner".
Opposition leader in the Kerala Assembly, Ramesh Chennithala, said the state is heading toward a financial disaster as the non-resident Keralites (NRKs) feel that their money in co-operative banks is not safe.
(REOPENS DES2)
Addressing the Congress workers in Jantar Mantar, Congress vice president Rahul Gandhi said demonetisation "is a monumental disaster".
"This has hurt every single person in India, every single state in India," he said.
He said this is the first time when a PM has attacked the people of India.
"Unfortunately, this is for the first time a PM has attacked the people of India.
"Farmers, labourers, particularly women who have saved the effort of their lifetime, have lost it due to demonetisation," he said.
The Congress leader also accused the Prime Minister of not allowing the opposition to speak in Parliament.
"Narendra Modiji personally is not allowing us to speak in the Lok Sabha. He is terrified of us putting our views on demonetisation and (against) him in the Lok Sabha," he said.
*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: Dec 14 2016 | 1:13 PM IST

Next Story