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Demonetisation biggest scam after Independence: AAP

IANS  |  New Delhi 

As the country completed two years of demonetisation, Delhi's ruling (AAP) on Thursday called it the "biggest scam" after India's independence which demolished national economy

AAP South Lok Sabha in-charge Raghav Chadha ridiculed by saying that all his claims about the effects of demonetisation had fallen flat.

Modi had said that the note ban would check black money, derail terrorists and the business of fake notes would end, Chadha said.

But ceasefire violations by had increased and so had terrorist activities in Jammu and Kashmir, he said.

He added that 35 lakh people lost their jobs due to demonetisation, the workforce statistic fell below 1.5 crore and GDP growth rate dipped by over 1.5 per cent. Small businesses were virtually decimated.

The said the only purpose of demonetisation was to convert black money "held by the BJP and its leaders" to white.



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

First Published: Thu, November 08 2018. 18:32 IST