National
Congress terms demonetisation ‘biggest scam’, PM must accept moral responsibility (Lead)
New Delhi, Aug 31 (IANS) The Congress party on Thursday termed demonetisation as the “biggest scam” and accused Prime Minister Narendra Modi of misleading the people, saying that he had repeatedly made “false statements” on the decision to junk high-value currency. The party demanded that Modi should accept moral responsibility and must apologise.
Addressing a press conference here, senior Congress leader Anand Sharma said the Prime Minister had made “false remarks” in his Independence Day speech about the quantum of black money that was unearthed after Rs 500 and Rs 1,000 notes were scrapped on November 8 last year.
Sharma said demonetisation had led to a loss of GDP of Rs 2.25 lakh crore and the Prime Minister was “directly responsible”.
“People will accept the truth, they can also accept that a mistake has been made, but it is wrong to state repeatedly that everything done was right,” he said.
Sharma’s remarks come after the RBI’s annual report on Wednesday revealed low efficacy of the November 8 demonetisation. It said that of the Rs. 15.44 lakh crore taken out of circulation, Rs 15.28 lakh crore had returned to the system by way of public deposits.
He said the Attorney General had told the Supreme Court that due to demonetisation an amount of Rs 4-5 lakh crore related to terror funding will not come back to the system.
“The government has not spoken the truth at every step. People have been misled, inconvenienced. This has been the biggest scam. Those who had illegal money, the government has helped them make it legal,” Sharma said.
He also said the Prime Minister had given four reasons for demonetisation – first was to fight corruption, second to fight black money, third to stop terror funding and fourth to eliminate fake currency notes in circulation.
“RBI’s report has exposed the falsehood that was sold to the country. All the four reasons which Modi gave, proved to be false. He inflicted misery upon the people of India, wrecked the country’s economy. Of the total currency returned, only Rs 41 crore was fake currency,” said Sharma.
“Prime Minister owes an explanation. He has to accept moral responsibility and must apologize to the country and we will continue to force accountability on this issue,” he added.
Sharma also said Modi made a false statement on August 15 that out of the money which has come back, Rs three lakh crore was black money.
On Finance Minister Arun Jaitley saying that tax payers’ base has expanded after demonetization, Sharma said: “If he thinks that he is a great economist, it is the biggest tragedy. He does not understand ‘E’ of Economics.
“According to the Economic Survey, there is an increase in the number of tax payers, but there has already been an increase and there is no uniform increase every year depending on peoples’ income.
“This year the average increase is only from Rs 2,40,000 annual income to Rs 2,70,000. So, it is only an average jump of Rs 20,000 annually which is less than Rs 2,000 per month,” said Sharma.
Sharma said: “Investigation should be there. We have demanded that in the past too. The Supreme Court must take note of this as government has defied and misled the apex Court.”
–IANS
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Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
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