On 8 November 2016, PM Modi implemented demonetization in the country. Today this incident has completed 8 years. On the 8th anniversary of demonetization, Leader of Opposition in Lok Sabha Rahul Gandhi targeted the central government. He said in a post- Demonetization has promoted monopoly by destroying MSME and the informal sector. More cash is being used in India today than 8 years ago. Rahul said that inefficient and ill-intentioned policies that create an atmosphere of fear for businesses will destroy India’s economic potential. Gandhi has also shared a chart. Which shows how the cash with the public decreased from 11 percent of GDP in 2013-14 to 8 percent in 2016-17 and now has increased to 14 percent of GDP in 2020-21. PM Modi implemented demonetization on 8 November 2016
Prime Minister Narendra Modi had announced the demonetization of old 500 and 1000 rupee notes from midnight on 8 November 2016 in his message to the nation. That is, these old notes were out of circulation just 4 hours after the Prime Minister’s announcement. In this case, the central government had said that the decision of demonetization was taken on the recommendation of the Central Board of Directors of the Reserve Bank. This matter also reached the Supreme Court. Attorney General R Venkataramani had said that demonetization was not an unthoughtful step of the government, but was a part of the economic policy. He had said that RBI and the Central Government work in consultation with each other. At the same time, RBI had told the court that during the meeting of the Central Board, the conditions related to quorum of RBI General Regulations, 1949 were followed. In this meeting, RBI Governor along with two Deputy Governors and five directors nominated under the RBI Act participated. …………………………………………….. Read these news related to Rahul Gandhi too… Rahul said- Prime Minister thinks my words are divisive, currently there are two ideologies in the country.
Congress leader Rahul Gandhi said in an assembly election rally in Christian dominated Simdega of Jharkhand on 8th November that we talk about the rights of tribals, Dalits and backward. On this Modi ji says that Rahul Gandhi talks about divisive things in the country. Currently there are two ideologies in the country. We are protecting the constitution while they want to destroy it. Read the full news…
