PM Modi's note ban only wiped out confidence, not corruption: Rahul Gandhi


The Congress leader linked the rise of Prime Minister Modi to anger and frustration created due to joblessness, and also linked the same frustration to the election of US President Donald Trump and the United Kingdom choosing to exit the European Union.

Congress vice president Rahul Gandhi has severely criticised Prime Minister Narendra Modi's "unilateral" decision to ban high-value currency notes previous year, and accused him of jeopardising the economy by "bypassing the Reserve Bank of India".

Hitting out at the new tax regime rolled out by the national democratic alliance (NDA) government on 1 July this year, Gandhi said, "We had told (Prime Minister) Narendra Modiji and (union finance minister) Arun Jaitleyji not to implement the GST in this way". He termed the tax reform as bureaucratic and complex.

Rahul Gandhi, who is now in the state, will participate in a candle-light vigil in Gujarat's Surat as part of "Black Day" protest on the first anniversary of demonetisation and will also interact with the traders.

However, Modi is fanning communal hatred cashing in on the anger created by joblessness and lack of economic opportunity, Gandhi said.

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While the Narendra Modi government is celebrating the first year anniversary of demonetisation as "Anti-Black Money Day", Congress and several other opposition parties have made a decision to mark the day as "Black Day". He has chosen to hide behind a shallow, hate-filled political narrative. "But instead of helping them grow, the Modi government has fatally wounded them with demonetisation and a flawed new tax", he wrote.

Ahead of demonetisation's first anniversary on November 8, Rahul also targeted Prime Minister Modi over it.

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".

Rahul's remarks came after Prime Minister Narendra Modi on Saturday said the Congress accepted defeat in Himachal Pradesh and will not return to power here in near future.

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