Demonetisation was a Black Decision worth every sort of condemnation: Mamata Banerjee

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Mamata Banerjee
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Demonetisation was a Black Decision worth every sort of condemnation: Mamata Banerjee

Demonetisation was a Black Decision worth every sort of condemnation: Mamata Banerjee

On the eve of the November 8 Black Day, Trinamool Chairperson Mamata Banerjee termed demonetisation as a big scam and demanded a thorough investigation of the process where black money was converted into white money for vested interests of the political party in power.

She took to social media to voice her protest and reiterated that November 8 this year will be observed as “Kaala Dibas” (Black Day) to protest against demonetisation and the unparalleled damage it caused to the country and its economy.

“Black money became ‘white fund’ for them and the country was plunged into darkness. No black money could yet be brought out from the foreign accounts. In all practical sense, it yielded big, big zero,” the CM wrote.

“Neither demonetisation could combat terrorism, nor black money nor aid to development of the country. By the devil act of demonetisation, the country has already lost its GDP worth nearly Rs.3 Lakh Crore. Crores of workers, particularly in the informal sector, lost their jobs. Farmers were left to starve. Over 100 people lost their lives,” she added.

Mamata Banerjee further wrote in her FB post: “People had no access to their own money in banks, even in emergency. The memories of untold sufferings and pain thrust upon the common people still haunt our minds. From Day 1, I had protested against this draconian decision of demonetisation by the central government and requested for its immediate withdrawal.”

She also shared statistics of how the Indian economy has been ruined. “The GDP fell to 6.1% growth in between January and March, 2017 compared to 9.1% in the previous year. It further plummeted to 5.7% between April and June, 2017, compared to 7.9% in the previous year,” she said.

“More than 75,000 industrialists were compelled to leave India and settle abroad and become NRI because of harassment in the prevailing situation. Business potential worth lakhs and lakhs of crore in India was thus lost,” the Chief Minister added.

Mamata Banerjee reiterated, “We are for all the people who suffered and still continue to suffer. Their fight is our fight and we are committed to stand by them.”

About Post Author

Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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