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Revamp of currency has led to financial emergency-like situation, alleges Mayawati

Bahujan Samaj Party (BSP) supremo Mayawati today criticised demonitisation of Rs 500 and Rs 1,000 currency notes saying it was like imposing financial emergency.

Addressing a press conference at Lucknow, Mayawati alleged the “crackdown” on black money had been done keeping in mind the forthcoming Assembly elections. “The Narendra Modi government has demonitised the currency notes to divert the attention of the people from its failed promises,” she said.

She accused the BJP-led NDA Government at the Centre of imposing an “undeclared financial emergency” just as the Emergency imposed by the Congress in 1975.
After West Bengal and Delhi Chief Ministers Mamata Banerjee and Arvind Kejriwal, Mayawati is the third prominent politician to criticise in toto the Centre’s effort to revamp currency notes. Mamata called it a “Draconian” measure while Kejriwal seconded her comment.

Mayawati said though PM Modi talked often about his “chaiwala” days, he was not bothered about the slum workers. “He (Modi) is not an OBC as he claims to be, but comes from upper class. He calls himself an OBC to take political advantage,” she said.

The former UP chief minister said the poor in her state will teach a lesson to the BJP and its allies in the Assembly elections regardless of the number of “Parivartan Yatras” they will launch in UP.
She charged that blackmarketing started moments after the PM declared the revamp of currency notes. “It is said that the BJP people gave a free hand for a few hours to its men to make windfall gains out of black marketing, asking them to give commission,” she alleged.

She said there was anarchy all around. People ran out of their houses as if an earthquake had come. All major decisions of the Modi government has benefitted the capitalists.
“You can’t hope to fight dishonesty of a government which has helped corrupt persons such as Vijay Mallya and Lalit Modi to flee the country. One can’t appreciate it as one did for the surgical strikes because it has only created chaos… National security is in peril and our jawans are getting martyred every day,” she said.

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