BJP stashed money abroad before declaring financial emergency: Mayawati

BSP supremo launches scathing attacks on BJP on demonetization; says it has helped rich businessmen and capitalists

GN Bureau | November 10, 2016


#Narendra Modi   #Rs1000   #Rs500   #demonetization   #Mayawati   #BSP  


 Bahujan Samaj Party (BSP) leader Mayawati on Thursday criticised the Narendra Modi government for demonetization of 500 and 1000 rupee currency notes. She alleged that the move, which amounted to “an undeclared state of financial emergency”, was taken after the BJP had “stashed enough money abroad to last it for 100 years”.

Mayawati, who faces BJP in Uttar Pradesh in coming election, alleged that the Modi government had favoured capitalists and rich businesses during its two-and-a-half year tenure and ensured that the BJP collected enough funds [from them]. “The party raised enough funds to secure its future and to sail through for next 100 years,” she said.
 
She said the government had deliberately announced the monetization scheme and projected it as a move against black money on the eve of UP election while it has actually hurt the poor, working class and the middle class hard. “The common man is saying this,” she said.
 
Continuing her angry outburst against the Modi government and the BJP, Mayawati alleged that the announcement of banning currency notes of 500 and 100 denominations with a three hour notice was a ploy to further help the businesses and extort money from them. She claimed that during this period petrol pumps had fleeced customers and refused to return change or forced motorists to take fuel worth Rs 500 and Rs 1000 currency notes they were carrying.
 
“The window period was deliberate; the BJP was in league with the petrol pumps and took its share of booty,” she claimed.
 
The BSP leader alleged the move had created panic among the poor, farmers, workers and middle class people, who would keep their savings at home and not in banks. “The announcement made people run to ATMs, petrol pumps and be on the roads as if some earthquake had struck.”
 
Mayawati also took personal digs at Narendra Modi, alleging that contrary to his claim of being born in a backward caste the prime minister hailed from an upper caste. She said he had later included his community in the backward category to help its members gain jobs and admissions.
 
“He flaunts his status of being born poor to win votes and sympathy but in reality, this [monetization] shows that he has no empathy for them.”

Comments

 

Other News

New Delhi’s Indo-Pacific strategy enters a new phase

India appears to be investing fresh dynamism in its Indo-Pacific strategy. At the time when the US, under president Donald Trump, has adopted a conciliatory approach towards China and has changed the name of America’s Indo-Pacific Command to just Pacific Command, India has quietly moved towards con

CAG flags major fiscal lapses in Maharashtra

Maharashtra`s fiscal management has come under sharp scrutiny after the Comptroller and Auditor General (CAG) of India, in its State Finances Audit Report for 2024-25, flagged significant budgetary inefficiencies, accounting irregularities, understatement of key fiscal indicators and widespread governanc

The health sector research we are not doing

Some neglect is loud. This kind is quiet. It sits in research never commissioned, data never collected, questions never asked. In South Asia, that quiet has let the region’s worst health problems stay understudied, underfunded, and out of sight of those who could act.  

Study flags accessibility and last-mile challenges on Mumbai Metro Aqua Line

Mumbai Metro Line 3 (Aqua Line), the city`s first fully underground metro corridor and one of its largest public transport investments, represents a major engineering achievement and has been widely welcomed by commuters. However, the overall commuter experience continues to be constrained by accessibili

Centre intensifies preparedness as El Niño threat looms

Amid uncertainty in the southwest monsoon due to the potential impact of El Niño, the government is addressing the situation with comprehensive preparedness, a clear strategy, and strong ground-level action. While challenges remain, the entire system has been activated in advance and is working proa

India is crossing a climate threshold

On June 28, Delhi recorded a maximum temperature of 41.3°C, four degrees above the seasonal normal. But the “feels like” temperature, which factors in humidity, showed more than 51°C. What the body experienced was very different from what the thermometer recorded.  India`





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter