Celebrating Demonetization is akin to cutting cakes on victims’ graves, said Shiv Sena in an editorial in its mouthpiece ‘Saamana’. In a caustic attack on the BJP, the Shiv Sena on Tuesday said celebrating the fourth anniversary of demonetisation is akin to cutting birthday cakes on their graves.
Many people “committed suicide”, and businesses destroyed because of the note ban. The Sena, in its editorial in ‘Saamana’, termed the 2016 decision as a “black chapter” in India’s history.
It claimed the note ban and the implementation of the Goods and Services Tax (GST) hit the country’s interests hard. Celebrating the (demonetisation) decision, because of which many people embraced deaths, jobs were lost, many committed suicide, and trades and industries destroyed. “It is akin to cutting a birthday cake sitting on the graves of all such people,” the editorial said.
Note ban help reduce black money, say Modi
Celebrating the fourth anniversary of demonetisation of currency notes of Rs 500 and Rs 1,000 on November 8, Prime Minister Narendra Modi said the move helped reduce black money and gave a boost to transparency.
The Sena also said that the BJP raised issues like the construction of Ram temple, and death of Bollywood actor Sushant Singh Rajput in the Bihar Assembly polls, but they failed to click with the people.
“But the atmosphere in Bihar changed after (RJD leader) Tejashwi Yadav promised 10 lakh jobs. His rallies saw huge turn ups (of the people). These included unemployed youth mostly. What does this indicate?” the Shiv Sena asked.
On November 8, 2016, PM Modi had announced the decision to ban ₹ 500 and ₹ 1,000 notes from midnight.
People stood in queues for weeks at banks to withdraw new notes which were rationed, plunging businesses into chaos.
In a famous speech, Modi asked people to bear the pain for 50 days. And if the situation did not improve, he said, he was ready for “any punishment”.
However it took months for people to get the cash they needed. And India’s economic growth slid from 8.25 percent in 2016 to 5.02 percent in 2019, according to the World Bank.