Demonetisation “Destroyed” economy, Helped few crony capitalists: Rahul

TIL Desk/National/New Delhi/ Congress leader Rahul Gandhi has slammed the government over demonetisation, alleging that Prime Minister Narendra Modi’s move four years ago was aimed at helping a few of his “crony capitalist friends” and had “destroyed” the Indian economy.

Mr Gandhi and the Congress have been alleging that the 2016 demonetisation was not in the interest of the people and had adverse effects on the economy, a charge the government has dismissed repeatedly.

In a video released as part of the party’s online “SpeakUpAgainstDeMoDisaster” campaign, Mr Gandhi said the question is how the economy of Bangladesh “surpassed” the Indian economy as there was a time when India used to be one of the most high performing economies of the world.

“The government says that the reason is COVID but if that is the reason, there is COVID in Bangladesh and elsewhere in the world also. The reason is not COVID, the reason is “Notebandi” and GST,” Mr Gandhi said in Hindi.