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Akhilesh Yadav Slams BJP on Demonetisation Anniversary

Demonetisation: Akhilesh Yadav Slams BJP, Says 'Surgical Strike on Poor'

Background:

On November 8th, 2016, the Government of India, led by Prime Minister Narendra Modi, announced the demonetisation of 500 and 1000 rupee notes. This move was intended to curb black money and corruption, but has been criticized for its impact on the poor and the economy.

Akhilesh Yadav's Criticism:

Akhilesh Yadav, the former Chief Minister of Uttar Pradesh, slammed the Bharatiya Janata Party (BJP) on the fifth anniversary of demonetisation. He called it a “surgical strike on the poor” and said that it had failed to achieve its stated objectives.

Impact on the Poor:

Yadav highlighted the plight of the poor, who were disproportionately affected by demonetisation. He said that they had lost their savings and livelihoods, and that many had been forced to sell their assets at a loss.

Failure to Curb Black Money:

Yadav also argued that demonetisation had failed to curb black money. He cited reports that showed that black money had actually increased since the move was implemented.

Call for Accountability:

Yadav demanded accountability from the BJP government for the negative impact of demonetisation. He said that the government should apologize to the people for the hardships they had suffered.

Conclusion:

Akhilesh Yadav's criticism of demonetisation highlights the ongoing debate over its effectiveness. While the government claims that it was a necessary step to curb black money, critics argue that it has caused significant harm to the economy and the poor.