Demonetisation, a conspiracy to protect black money holders: CPI

Demonetisation, a conspiracy to protect black money holders: CPI
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Highlights

They questioned the Centre’s objective of introducing Rs 2,000 notes and how they found their way to black money hoarders. How much compensation was paid to the families of those, who died while waiting in the queues to withdraw money? Why the government is shying away to declare the data on black money recovered so far? Why the RBI is not revealing it to the people?Party district committee leader

Mancherial: CPI district committee has accused the Central government of hatching a conspiracy to protect black money hoarders through demonetisation and causing inconvenience to farmers, common men and to those working in unorganised sectors.They staged a protest against demonetisation, in front of State Bank of Hyderabad branch here on Monday. Speaking on the occasion, they criticised that the government failed to print new currency in lieu of demonetised currency. Only 40 per cent of the new currency was printed.

They questioned the Centre’s objective of introducing Rs 2,000 notes and how they found their way to black money hoarders. How much compensation was paid to the families of those, who died while waiting in the queues to withdraw money? Why the government is shying away to declare the data on black money recovered so far? Why the RBI is not revealing it to the people?Party district committee leaders K Shyam, Shankaraiah, Rajeswara Rao, Narsing, Chandra Sekhar and many others participated in the protest.

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