Mangaluru Nov 15, 2016: Senior Congress Leader B Janardhana Poojary has demanded a roll back of the decision of demonetization of Rs 500 and Rs 1000 currency notes.
Addressing media at the Press Club on Tuesday November 15, he said that people are running helter-skelter and complaining about the inconvenience caused to them by Prime Minister Narendra Modi’s sudden announcement of demonetizing the high currency notes of Rs 500 and Rs 1,000.
Poojary also said that, deprived people, street vendors, labourers, farmers and students are facing difficulties to exchange Rs 500 and Rs 1000 and obtain 100 Rupees notes, and are forced to stand in long queue. Referring to Narendra Modi turning emotional during one of his addresses, Poojary questioned if Modi emotional for Adani group, Tatas or for the rich tycoons.
He further questioned whether Prime Minister Narendra Modi and Finance Minister Arun Jaitley were not aware of Section 276(A) and 276(B) of Income Tax Act, which clearly states that black money holder shall be punishable for rigorous imprisonment of a term. "So far how many have been sent to jail?," he asked.
"During the surgical strike I have praised the PM for the bold step but today Modi will become the reason for BJP’s demise. The foreign tourists find itdifficult to exchange old notes and this foolish decision creates wrong impression in the minds of the visitors," said Poojary.
He further alleged that Modi has not followed the right procedure of demonetizing currency and new currencies are also not distributed in proper manner. The impact of demonetization of Rs 500 and Rs 1000 currency notes by Modi was seen in Mirzapur district where several torn currency notes of Rs 1000 denomination were found floating in the river, Poojary said."Have you visited Varanasi to know about the suffering of the people," he questioned Prime Minister Modi.
Kallige Tharanath Shetty, Purushottam Chitrapur and others were present.