PM Modi 'spreading lies' on demonetisation: Mamata Banerjee

Citing CMIE report, she said that Rs 1.28 lakh crore have been lost forever due to note-ban only in 'transactions' in the country

Accusing Prime Minister Narendra Modi for "spreading lies" on the demonetisation issue, West Bengal Chief Minister Mamata Banerjee on Friday claimed that Rs 1.28 lakh crore have been lost forever due to the scrapping of Rs 500 and Rs 1,000 notes.

"Shocking that Rs 1.28 lakh crore have been lost forever due to note-ban only in 'transactions' in the country, says CMIE, a top research body. World-famous Moody's says 'note ban will badly disrupt economic activity'," Banerjee said in a statement in Kolkata.

"Common people are suffering miserably while Modi Ji is relaxing and spreading lies," she said.

Claiming that the Opposition has united in the movement against demonetisation, Banerjee on Thursday said any movement was bound to succeed if people were involved in a massive way.