Demonetization was an “attack on India’s poor, farmers, workers, and small shop owners,” says Congress leader Rahul Gandhi, in his video series on the Indian economy. On Thursday, he claimed that the note ban was done with the sole purpose of harming the informal sector of the country, that survives on the liquid cash.
The hidden agenda behind this policy, he says was to “clear the ground”, where all the ₹500 and ₹1,000 were discarded in 2016.
He also added in his video “Our informal sector works on cash. Small shopkeepers and workers survive on cash. The second target of demonetization was to take out money from the informal sector. Prime Minister Narendra Modi told the nation that he wants a cashless India. If India goes cashless, small shopkeepers, farmers, and workers will be finished.” More than 95% of the workforce in India, is involved in the informal sector which contributes to the egalitarian growth of the country.
To reach to a larger group of audience on the social media platform, Gandhi is using the means of these video series as a new communication tool. Before the demonetization issue, he had also talked about the informal sector of the country in the time of pandemic and the Indo-China conflict in his videos.
The latest series of his videos focus on the downfall of India’s economy by 23.9% in the first quarter of Apr-Jun of the financial year 2020-21. It reflects the impact of lockdown in the country that lasted for 68 days.
The Congress leader also narrated the misery of millions of Indians during demonetization “What did the poor Indians benefit? Nothing. So, who all benefitted? Only the country’s billionaires” he said.
The black money issue has not been resolved yet which was the driving force behind the note ban policy, he claims. “The government used your money to write off the loans of the billionaires.”- included Rahul in his statement.
As for now, no comments have been made by the opposition ruling party- Bharatiya Janata Party, regarding the allegations made by Gandhi.