Trump's election would lead to global uncertainties: Yechury

CPI(M) general secretary Sitaram Yechury today claimed that Donald Trump's "surprise" victory in the US Presidential elections would lead to "global uncertainties".
"Trump's election as the US President has evoked surprise as nobody expected him to defeat Hillary (Clinton)...His election would create uncertainties globally," he said while addressing Tamil Nadu CPI(M)'s state-level conference here.
Yechury claimed that Trump's policies would "take a toll" on the BPO sector in India and "restrict" the entry of Indian students to the US.
Hitting out at the BJP-led NDA government, he claimed that ever since the saffron party came to power, the country's industrial growth had become "sluggish".

Referring to unemployment and the agrarian crisis, he said, "Incidents of farmer suicides have increased by 26 per cent. Besides, 1.30 crore youths are joining the unemployed population every year."
On the demonetisation of Rs 1,000 and Rs 500 currency notes by the Centre, the CPI(M) leader said, "The move has largely affected the common man. The demonetisation of the old notes and introduction of the new ones will only pave way for more corruption."

He said Prime Minister Narendra Modi's claim of curbing black money through this move will not work and accused the Centre of "not taking steps to bring back black money hoarded in the foreign banks".

On the Centre mooting the idea of introducing Uniform Civil Code (UCC) in the country, Yechury said, "UCC must be uniform to all the religions. All this is being done to reap political dividends keeping the upcoming Uttar Pradesh Assembly election in mind."
Claiming that the CPI(M) was the "only political alternative" to the "sectarian right-wing forces" in the country, he said the party will not allow such forces to "exploit the discontent" of the common man.