Mumbai Congress Observes ‘Black Day’ on Account of #2YearsofDemonetisation


Demonetisation in India completed it’s second anniversary on 08th November. The discontinuation of Rs. 500 and Rs. 1000 notes done overnight had terrifying effects on the common man.

Long queues outside any bank through the day and for nearly more than a month and a half until 31st December 2016, was a common sight then. While many faced endless waits in exchanging their own money within the stipulated timeframe, others were extremely troubled and agitated for lack of cash required during crucial social events like marriages or other basic day to day activities.



Mumbai Congress, led by Sanjay Nirupam, came out in full strength today to observe Black Day’ sympathising with the woes of the common man. Nirupam sharply listed the failures of the BJP Government both in Maharashtra and at the centre and urged people to vote for a better future henceforth.

Attacking PM Narendra Modi Sanjay Nirupam said,

“The PM requested the people of the country for 50 days. He also said that if his decision is proven to be wrong within the said time frame, the people can hang him publicly. More than 600 days have passed, but the Prime Minister has refrained from speaking about the decision of demonetisation ever since.

Small scale industries were shut, youngsters lost their jobs, 150 innocent people lost their lives while standing in the queue outside banks. The only person who was benefitted from PM Modi’s decision of demonetisation was Amit Shah. The common people of the country are agitated today. They will not hang the PM physically but will kill him politically in the upcoming Lok Sabha Elections.”




Continuing further, Nirupam said,

“The RBI had revealed that money worth Rs. 10,000 Crore was the actual amount of black money, for which currency worth Rs. 15,00,000 Crore was demonetised. The PM also assured the people of the country that terrorism and naxalism will come to an end once demonetisation was introduced.

However, we have been witnessing exactly the opposite since then. Our jawans are being killed at the border, constant attacks by naxalists, maoists and terrorists have increased manifolds in the country. This depicts a massive failure of PM Modi’s decision of calling for demonetisation. Even after 2 years since this destructive move of the PM hit the country, the common man is battling it’s aftermath even today.”




Mumbai Congress Mahila President Ajanta Yadav too reiterated that PM Modi’s decision of demonetisation was absolutely wrong and no woman in the country will ever forgive the BJP Govt for this decision and it’s far-reaching effects on their lives.
Ajanta Yadav

It must be recalled that many homemakers had reserved cash in their homes as a part of daily savings, however, demonetisation caused acute distress to them making them run around for basic daily needs.

Spokesperson of Maharashtra SC Cell Raju Waghmare, former State Cabinet Minister Chandrakant Handore, former MLA Ashok Bhau Jadhav, former MLC Charansingh Sapra and Mumbai Pradesh Youth Congress President Ganesh Yadav were also present among other leaders from the Congress Party.

The effects of Demonetisation have had ripple effects, especially on the employment front. While PM Candidate Narendra Modi had promised 2 crore jobs annually as his pre poll commitment, a report by Centre for Monitoring Indian Economy (CMIE) confirms that unemployment rate has been highest in India after demonetisation in November 2016.


Unemployment in India Doubles in Past Two Years – Report



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