Friday, 17 November, 2017

Rahul Gandhi's visit to Surat beneficial for BJP: Jitendra Singh

Union minister to highlight govternment's fight against black money BJP blows own trumpet over demonetization, Congress observes Black Day
Wilma Wheeler | 09 November, 2017, 01:09

Gandhi said that Modi's decision to demonetise old Rs 500 and Rs 1000 currency notes on November 8 previous year was arbitrary and unilateral as he did not consult the RBI or anyone else in the matter. "The industry has been finished by the twin blows not only here, but in the entire country", Gandhi said.

Singh also accused the Congress of unleashing malicious propaganda on demonetisation and the Goods and Services Tax (GST) and said these measures would lead to major gains in the long run. Bureaucratic and complex, it had "devastated livelihoods, creating a modern day "Licence Raj", Gandhi wrote.

On the occasion of the one-year anniversary of the demonetisation announcement on Wednesday, the Congress scion wrote a tell-all opinion piece in the Financial Times, where Rahul Gandhi outlined the complications that resulted from the "sudden" demonetisation announcement made by PM Modi.

"Modi has damaged India by converting anger created by joblessness and lack of economic opportunity into communal hatred". He has chosen to hide behind a shallow, hate-filled political narrative. "Anger might have brought Mr Modi to power but it will never create jobs or fix India's institutions", he added.

Gandhi also argued that India can compete with the Chinese economic growth, manufacturing capabilities and blue-collar jobs mainly through its micro, small and medium businesses. "But instead of helping them grow, the Modi government has fatally wounded them with demonetisation and a flawed new tax".

Hitting out at the government over the new indirect tax regime rolled out on July 1 this year, Gandhi said, "We told (Prime Minister) Narendra Modiji and (Union Finance Minister) Arun Jaitleyji not to implement the GST in this way".

Asserting that the step has wiped out 2 percent of the country's GDP, destroyed the informal labour sector and destroyed many SMEs, Gandhi said: "It has ruined the lives of millions of hard-working Indians".

Shah's attack comes in the wake of Rahul Gandhi's tweet in which he used a photograph of an old man Nand Lal to attack demonetisation.

"China's global monopoly on blue-collar jobs is a fundamental challenge to other states".

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