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November 8, 2019

Knew it would ruin lives: Didi on the 3rd anniversary of demonetisation

Knew it would ruin lives: Didi on the 3rd anniversary of demonetisation

On the third anniversary of demonetisation, Chief Minister Mamata Banerjee attacked the Central Government by calling the note ban a futile exercise, which had and continues to have a massive negative impact on India’s economy.

The chief minister said on Twitter that she knew from the very beginning that the decision would ruin millions of lives.

“Today is the third anniversary of #DeMonetisationDisaster. Within minutes of announcement, I had said that it will ruin the economy and the lives of millions. Renowned economists, common people & all experts now agree. Figures from RBI have also shown it was a futile exercise”, the chief minister tweeted.

“Economic disaster started on that day and look where it has reached now. Banks stressed, economy in a complete slump. All affected. From farmers to the young generation to workers to traders, housewives… everyone is affected”, she added.

Mamata Banerjee was the first leader of note to protest against demonetisation, and she started on the first day itself, a short while after the announcement. All through the period of demonetisation, and continuing she has kept up her attack on the BJP Government for this move which has been taking the economy of the country in a downward spiral ever since.