Youth Congress Protest Outside Of RBI Bank in Delhi
New Delhi: The Youth Congress on Monday protested outside the Reserve Bank of India in the national capital against the Union government’s five-year-old move to demonetise higher denomination currency notes, saying the exercise has battered the economy.
Youth Congress chief Srinivas B.V. and other workers, who reached outside the RBI to stage the demonstration, were stopped and detained at the Mandir Marg police station.
Srinivas said: “Demonetisation imposed by the Prime Minister five years ago slowed down the country’s economy.
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The Prime Minister’s decision of demonetisation proved to be a catastrophe rather than a masterstroke.
The claim of checking terrorism with demonetisation turned out to be a ‘jumla’.
Demonetisation pushed the countrymen into recession.” Prime Minister Narendra Modi claimed to have elminated fake currency notes just to justify his decision of demonetisation, the Youth Congress leader alleged.
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“Demonetisation neither ended corruption, nor terrorism was contained. Demonetisation imposed by the Prime Minister has not been able to fulfil any of its targets,” the Youth Congress leader claimed.
“Modi ji and BJP had said that demonetisation would end black marketing and the country would develop, but according to the latest data, India’s GDP is at the lowest rank, unemployment is highest and poverty is prevalent.
“BJP has pushed the country into darkness. All the big and small businessmen of the country have been impacted but the most affected lot is the middle and poor class.” Srinivas said.
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The Youth Congress alleged that demonetisation was not a war against black money but against the poor and common citizens.
Demonetisation failed in its target, and the Prime Minister should apologise to the countrymen for the failure of the exercise, it demanded.
The Union Home Minister has alerted the states of the country in the wake of the Indo-Pak War. The Telangana government and police, which were immediately alerted, took preemptive measures. Security has been tightened in Hyderabad.
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Thirty-two airports across northern and western parts of the country, including Srinagar and Amritsar, have been closed for civilian flight operations till May 15, according to the civil aviation regulator.
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In view of the ongoing high alert across India and intensified security arrangements in Hyderabad and Secunderabad, the city police have issued a ban on bursting firecrackers or fireworks in public spaces, particularly near military cantonment areas.
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India responded strongly to Pakistan’s repeated drone and missile attacks and hit at least eight military targets inside Pakistan on Friday night with precision, thereby causing significant damage, the Centre told the media, as part of a special briefing on ‘Operation Sindoor’.
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