Narendra Modi 'confused and incompetent': AAP

Aam Aadmi Party on Tuesday termed process of demonetization as ‘economic terrorism’ and tagged Prime minister Narendra Modi 'confused and incompetent'.
PM Modi addressing the crowd. (PTI)
PM Modi addressing the crowd. (PTI)

Aam Aadmi Party on Tuesday termed process of demonetization as ‘economic terrorism’ and tagged Prime minister Narendra Modi “confused and incompetent”. AAP party said central government changes his own decision every day, after the Centre tightened rules for depositing scrapped Rs 500 and Rs 1,000 notes in bank accounts.

“Coming out with 59 circulars relating to regulations pertaining to notes-ban in less than 50 days "proves that the Prime Minister does not know what he is doing, and changes his own decision every day,” AAP senior leader Ashutosh said. “This is nothing, but economic terrorism, which has allegedly taken lives of over 100 people. Will the government ever accept responsibility for the loss of lives," AAP party leader and Delhi unit convener Dilip Pandey questioned. Pandey also alleged the Union government is busy undertaking public relations exercise, but does not answer questions related to demonetisation nor is it giving any correct picture of the on-going “crisis”.

"The finance minister (Arun Jaitley) and the Prime Minister have been consistently urging people not to rush to deposit old notes as the deadline is December 30. Now there are new curbs. So were the Prime Minister and the finance minister lying then or are they misleading the people now," Ashutosh asked.

Tightening rules for depositing demonetised Rs 500 and Rs 1,000 notes, the government on Monday said individuals can deposit over Rs 5,000 in old currency bills only once until December 30 and that too after explaining why it has not been done so far. Initially, after banning old Rs 500 and Rs 1,000 notes on November 8, the government had allowed people to deposit scrapped currency notes in bank accounts ill December 30 and there was no limit to the amount that can be deposited.

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