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Demonetisation an attack on India’s poor, farmers:
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In his latest video series on the Indian economy, he claimed that the hidden agenda of demonetisation, which saw the scrapping of India Covid-19 T
all Rs 500 and Rs 1,000 currency notes, was to “clear the ground” Sushant Singh R
INDIA Updated: Sep 03, 2020 11:41 IST Maharashtra Co
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Hindustan Times, New Delhi
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Earlier, Rahul Gandhi had spoken on the India-China border con ict and the informal sector amid the coronavirus disease (Covid-19) outbreak.(PTI) dea
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  Congress leader Rahul Gandhi on Thursday alleged that the government’s hidden agenda
behind demonetisation was to deliberately harm India’s informal sector, which survives on
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In his latest video series on the Indian economy, Gandhi dubbed the 2016 demonetisation as
 
an “attack on India’s poor, farmers, workers and small shop owners”.
india new
He claimed that the hidden agenda of demonetisation, which saw the scrapping of all Rs 500
  and Rs 1,000 currency notes, was to “clear the ground”. Utt
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Also Read: India reeling under Modi-made disasters: Rahul Gandhi

“Our informal sector works on cash. Small shopkeepers and workers survive on cash. The
second target of demonetisation was to take out money from the informal sector. Prime

https://www.hindustantimes.com/india-news/demonetisation-an-attack-on-india-s-poor-farmers-rahul-gandhi/story-bwZzUJEdu29oRmpVWQfSiM.html 1/3
9/3/2020 Demonetisation an attack on India’s poor, farmers: Rahul Gandhi - india news - Hindustan Times

Minister Narendra Modi told the nation that he wants a cashless India. If India goes cashless,
small shopkeepers, farmers, and workers will be nished,” Gandhi said in his video series.

The short videos are the new communication tools for the former Congress president to reach
out to a larger audience on social media.

Earlier, he had spoken on the India-China border con ict and the informal sector amid the
coronavirus disease (Covid-19) outbreak.

India’s informal, or unorganised, sector absorbs about 95% of the county’s workforce and is
the key to an equitable growth.

Also Read: ‘Ruining’ of economy began with demonetisation, govt introduced erroneous
policies: Rahul Gandhi

Gandhi’s latest series comes in the wake of the Indian economy’s decline by a record 23.9% in
the rst quarter of April to June in the current nancial year 2020-21. The deceleration
re ected the economic impact of the 68-day Covid-19-induced lockdown restrictions in the
rst quarter.

Gandhi recounted the woes of millions of people, who suffered during demonetisation, and
said that the exercise didn’t solve the black money problem. “What did the poor Indians
bene t? Nothing. So who all bene tted? Only the country’s billionaires,” Gandhi alleged.

“The government used your money to write off the loans of the billionaires,” he further
alleged.

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