Crackdown a tragedy for Gandhi family, says Smriti Irani

09 November, 2017, 01:47 | Author: Katrina Soto
  • Rahul Gandhi promises to overhaul Goods and Services Tax if Congress is voted to power in 2019

Congress vice president Rahul Gandhi has severely criticised Prime Minister Narendra Modi's "unilateral" decision to ban high-value currency notes previous year, and accused him of jeopardising the economy by "bypassing the Reserve Bank of India".

According to him, GST was a "a hastily imposed and poorly conceptualised" tax that dealt another blow to the economy.

He has also criticised the hasty implementation of goods and services tax (GST), terming the tax reform as bureaucratic and complex. "It has devastated livelihoods, creating a modern-day Licence Raj", said Gandhi. They represent India's innovative capabilities and have the skills, knowledge and understanding to take on China's manufacturing machine. "Anger might have brought Mr Modi to power but it will never create jobs or fix India's institutions". "We said the tax should be capped at 18 per cent but they did not listen to us", Gandhi said. "But instead of helping them, the government has destroyed their strength".

"Demonetisation is a tragedy".

Earlier today, Rahul Gandhi had used the same image with a couplet in Urdu to target the government on one year of demonetisation: "Ek aansu bhi hukumat ke liye khatra hai".

Australia proposes lawmakers prove they're not dual citizens
Numerous politicians had argued that they had not been aware they were dual nationals due to their parents or place of birth. Labor leader Bill Shorten said he was prepared to "engage constructively" with the prime minister at a meeting on Wednesday.

Union minister Ravi Shankar Prasad said it was "unfair" on Gandhi's part to use the photo of a former soldier for his "nefarious design" and cited Lal's remarks made in an interview favouring the note ban decision.

In the Financial Times article, Gandhi cited the Centre for Monitoring Indian Economy to argue that 1.5 million people have lost their jobs in the first four months of 2017 due to demonetisation.

The Modi government has closed around 2.24 lakh shell companies in the last one year, which were having huge number of bank accounts, he said, adding that 58,000 bank accounts belonging to 35,000 companies revealed that they deposited Rs 17,000 crore and also withdrew Rs 17,000 crore and now all of them are under net.

On the first anniversary of Demonetization, Gandhi is in Gujarat to observe the day as "Black Day" and participate in the candle-light vigil by Opposition parties in Vivekanand statue in Chowk Bazar area.

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