During the inauguration ceremony at Mati Utsav, West Bengal Chief Minister Mamata Banerjee slammed at the Centre’s decision to demonetise Rs 500 and Rs 1,000 currency notes last November. According to her, the decision has brought sufferings to a section of the society like farmers, daily wagers, people fromlower middle class etc.She pointed out to the futility of asking people to deposit the demonetised currencies into their bank accounts and exchange them with new ones, since “92% of the rural areas do not have banks or post offices”.
“The Centre talks of a cashless society while the people cannot even withdraw their own money from banks” because “40% of the banks do not have money”. “They are talking of cashless India. But people have become ‘cash less’”; so “will people eat plastic money?Two months of Modi’s ‘note bandi’ has spelt doom for the people. Bengal has lost revenue worth Rs 5,500 crore in two months”., said Mamata.
Calling“The Central Bureau of Investigation (CBI) has instead become ‘Conspiracy Bureau of Investigation’, the TMC supremo said that “The current situation is worse than the Emergency. The economy has been bulldozed. Markets are on a downward spiral. This is a signal of bad times”.