Nation Politics 08 Jan 2017 Modi’s claims are ...

Modi’s claims are false, says Sitaram Yechury

DECCAN CHRONICLE.
Published Jan 8, 2017, 6:56 am IST
Updated Jan 8, 2017, 7:47 am IST
The CPM general secretary accused the Modi government of resorting to sophisticated type of cheating.
CPI(M) General Secretary Sitaram Yechury (Photo: PTI)
 CPI(M) General Secretary Sitaram Yechury (Photo: PTI)

Thiruvananthapuram: CPM general secretary Sitaram Yechury on Saturday said a nationwide agitation would be launched soon demanding roll back of all restrictions imposed on people for withdrawing money from banks following the demonetisation decision.

Inaugurating the public meeting here, Mr Yechury said if one were to accept Government’s claim on all money coming back then why people are not being allowed to withdraw their hard earned money. “Centre claims that there's just a slight drop in growth rate from 7.5 per cent to 7.1 percent in spite of demonetisation. But they have calculated GDP only for one half of last year. Moreover these figures are that of pre-demonetisation period. The real fall in GDP would be known only if they calculate October, November and December also,” he said adding that normally the budget was presented in February end but now the BJP Government wanted it in the beginning. The CPM general secretary accused the Modi government of resorting to sophisticated type of cheating.

 

He said the Modi Government was only making false claims on black money. The prime minister himself told during 2014 that more than 90 percent of the black money was parked in tax havens abroad. The Swiss authorities provided list of these persons to the government not a single person holding the account had been proceeded against till now.

“When Modi took over 1 per cent of Indian population controlled 43 per cent of our GDP. Today after two years, 1 per cent controls 59 per cent of  GDP and this is because of his government’s policies.

 

Rs 11 lakh crore has been looted by corporate. Top ten corporate who took loans worth `7 lakh crore are not returning the money. Instead of prosecuting them, confiscating their property and returning the money to the common man, the Modi government was prohibiting people from withdrawing their hard earned money," he said.

Mr Yechury said the defeat in Delhi elections was the first talaq that people gave to Modi government. Bihar was the second and Uttar Pradesh would be the third and final.

CPM politburo Prakash Karat, state secretary Kodiyeri Balakrishnan, Chief Minister Pinarayi Vijayan and a host of leaders addressed the meeting. Contrary to reports that the veteran leader V.S. Achuthanandan  would not attend the public meeting, he came to the venue and sat through Yechury’s speech before leaving.

 

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