Rahul attacks PM on currency shortage, says country in grip of ‘note ban’ terror again

Agencies
April 17, 2018

New Delhi, Apr 17: Congress President Rahul Gandhi today said the “terror of note-ban” has again gripped the country due to reported shortage of cash in several states and accused Prime Minister Narendra Modi of destroying the country’s banking system with his demonetisation decision.

The Congress chief, who is in his Parliamentary constituency Amethi, took to Twitter to attack Mr. Modi, alleging he “snatched” the ₹500 and ₹1000 currency notes from every Indian’s pocket and “gave” it to Nirav Modi, but was neither speaking a word about it nor facing Parliament.

“Modi ji has destroyed the banking system of the country,” Mr. Gandhi said on the reported cash crunch in some ATMs.

He alleged that Narendra Modi did not speak a word “after Nirav Modi fled the country with ₹1,000 crore.”

“The Prime Minister has not uttered a single word after he made the entire country stand in a queue, snatched ₹500 and ₹1000 currency notes from your pocket and put it in Nirav Modi’s pocket. He fears standing in Parliament too,” he said.

The terror of noteban has gripped the country again as the cash in various banks has gone dry, Mr. Gandhi alleged and used the hashtag “CashCrunch” with his tweet in Hindi.

“Understand the deceit of Noteban, your money in Nirav Modi’s pocket. Modiji’s ‘Mallya maya’, the terror or noteban is again spreading. The country’s ATMs are again empty, what has been done to the country’s banks,” he tweeted.

Congress communications in-charge Randeep Surjewala also took a dig at the Prime Minister, saying “while the ‘saheb’ is enjoying abroad, the country’s people are looking for cash in banks.”

Several parts of Andhra Pradesh, Telangana, Madhya Pradesh, Bihar and poll-bound Karnataka have reported shortage of currency and ATMs running down, which the government today attributed to unusual spurt in demand in last three months.

Finance Minister Arun Jaitley said the “temporary shortage” in certain states is being “tackled quickly” and that there is “more than adequate” currency in circulation.

Congress leader Jaiver Shergill said that news is pouring in from Bihar, Rajasthan, Telangana, and Jharkhand that there is no money in the country’s banks.

“The Congress party demands that the money that the BJP has earned from cleaning off the banks should be returned and the ATMs should be made operational,” he said.

“BJP and friends have stolen the country’s money, that’s why there is no money in the country’s ATMs,” he alleged.

Comments

ahmed
 - 
Wednesday, 18 Apr 2018

My Dear Rahuljii Our Chayawala PM FLy  Looted bank then were we will get money Haaa.haaa Modi change solgon SUB KA SATH INDIA KA VINASH...

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News Network
January 15,2020

Jan 15: Amazon.com Inc Chief Executive Officer Jeff Bezos is facing a bitter welcome during his India visit this week as the country’s antitrust regulator initiated a formal investigation just hours before his arrival and trader bodies comprising millions of infuriated small store owners announced demonstrations.

Bezos is in New Delhi for the Smbhav summit, an Amazon India event for small and medium businesses. The billionaire is scheduled to conduct a fireside chat with Amazon India chief Amit Agarwal, anchoring an event that also features Infosys Ltd. co-founder Narayana Murthy and retail billionaire Kishore Biyani, who recently sold a stake in his retail group to Amazon. Ahead of the event, Bezos paid his respects at Mahatma Gandhi’s memorial, wearing a white tunic and a rust-colored Indian vest.

The small businesses that Amazon’s CEO is hoping to endear himself to, however, are organizing in opposition. The Confederation of All India Traders announced that members of its affiliate bodies across the country would stage sit-ins and public rallies in 300 cities to raise a war cry against the world’s largest online retailer. In a letter to Prime Minister Narendra Modi last week, the confederation’s Secretary General Praveen Khandelwal alleged that Amazon, much like Walmart Inc.-owned Flipkart, was an “economic terrorist” who engaged in predatory pricing that deprived the government of tax revenue and “compelled the closure of thousands of small traders.”

India’s e-commerce market is projected to grow to $150 billion by 2022, according to a 2018 report by software industry group Nasscom and consulting firm PwC India. Competition for this rapidly expanding sector is intensifying as Asia’s richest man, Mukesh Ambani, prepares to go live with JioMart, an online shopping platform challenging Amazon and Walmart directly. The latter’s Flipkart Online Services Pvt is also delving deeper into the countryside in its pursuit for more customers. Amazon, for its part, opened a huge office complex in the southern city of Hyderabad in September, underscoring its commitment to the country.

The Competition Commission of India said it would probe the deep discounts, preferential listings and exclusionary tactics that Amazon and Flipkart are alleged to have used as anti-competitive levers. India’s trade bodies have long argued that both retail giants were flouting rules by promoting sales and discounts through their favoured sellers, many of whom they have preexisting commercial arrangements. The regulator has ordered for the investigation to be completed within two months.

Bezos last visited India in 2014 under starkly different circumstances. During that trip, the Amazon founder wore local festive garb, rode atop a festooned truck for a photo opp and presented Amazon’s Indian unit with a giant check for $2 billion. Since then, Amazon has pledged a further $3.5 billion to expand in the country.

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Agencies
February 25,2020

New Delhi, Feb 25: Union Home Minister Amit Shah on Tuesday called a meeting to discuss the prevailing situation in the national capital after violence in Northeast Delhi over the amended citizenship law left four people dead.

Delhi's Lieutenant Governor Anil Baijal, Chief Minister Arvind Kejriwal and representatives of different political parties were invited for the meeting.

Follow live updates of clashes among CAA protesters in Delhi here

The home minister has convened a meeting to discuss the current situation in Delhi, a Home Ministry official said.

The move came after the home minister reviewed the law and order situation in the national capital on Monday night as violence rocked Northeast Delhi.

Frenzied protesters torched houses, shops, vehicles and a petrol pump, besides hurling stones.

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Agencies
August 1,2020

New Delhi, Aug 1: Rajya Sabha MP and former Samajwadi Party leader Amar Singh has died in Singapore where he was undergoing treatment.

Amar Singh, 64, had undergone kidney transplant in 2011 and was not keeping well for a long time.

“Saddened to know about the death of senior leader and parliamentarian Amar Singh,” Defence Minister Rajnath Singh tweeted.

Earlier in the day, the former Samajwadi leader had posted messages on Twitter, paying tributes to Bal Gangadhar Tilak on his 100th death anniversary and also wishing people on Eid.

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