Kochi: Demonetisation has only helped in doubling the corruption in the country, according to CPM general secretary Sitaram Yechury. “It has made the people to convert black money into legal tender,” he said addressing a public meeting held in connection with the conclusion of the 10th national conference of the Democratic Youth Federation of India (DYFI). “If the government has achieved its stated objective, it would have taken measures to strengthen the purchasing power of the people,” he said. The budget only increased the burden caused by demonetisation, he added.
Mr Yechury also warned the people of Kerala against the BJP designs to create law and order problems to destabilise the LDF government. The Centre is trying to employ the tactics adopted against the EMS ministry during the ‘liberation struggle,” he said and asked the youths not to permit this. Addressing the rally, Chief Minister Pinarayi Vijayan made an indirect dig at the CPI by stating that nobody should have the illusion of weakening the government by siding with the BJP. “The times have changed and 2017 is not 1959. Nobody can browbeat this government,” he said. CPM politburo member M.A. Baby, outgoing DYFI president M.B. Rajesh and several others addressed the meeting.