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Congress protests against note ban in Bengaluru

IANS  |  Bengaluru 

Leaders and workers from the unit of on Friday slammed the government's demonetisation of high value currency notes two years ago, calling it the worst attack in comparison to the 26/11 and the 9/11 attacks on and in the US.

Joining party cadres across the country as held protests against the 2016 note ban, told the protesters at the city centre that compared to the and attacks by the terrorists demonetisation was worse as "it was an attack made by the country's himself".

At least 200 of Congress supporters joined the protests marking on 500 and 1,000 rupee bills as a "black day".

The had on November 8 in 2016 banned the currency notes in a sweeping and sudden decision that caused common man to suffer for months, Rao said.

"Ever since not only citizens but even our national banks have been suffering huge loses due to problems in cash flow," Rao added.

"Whatever reasons were given for the ban, it did not yield any benefits to our economy. The value of rupee also depreciated over the past few months," Rao said.

Even though the price of in the international market has been cheaper during the NDA regime compared to what it was during the previous UPA rule, the failed to pass on the benefits to people, he said.

"The petrol and diesel prices have only been rising even though the prices have been cheaper globally. The central government is making profits even from fuel," he said.

The country's top institutions like the (CBI) and the (RBI) were also being "attacked" by the union government, he said.

"Modi has not responded to any of the issues raised by our Rahul Gandhi," Rao added.

He said it was now only up to the Congress to save the country from the "fascist" rule unleashed by the Modi regime.

"We are the party that worked towards bringing Independence to our nation. It is also our responsibility to save our democracy when it's under threat," he added.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 09 2018. 16:32 IST