Demonetisation a disaster, GST torpedoed economy: Rahul Gandhi

The Congress leader's remarks come a day after Prime Minister Modi said he was prepared to pay any price but would not roll back the reforms.

Published: 30th October 2017 02:36 PM  |   Last Updated: 30th October 2017 08:57 PM   |  A+A-

Congress vice-president Rahul Gandhi (File | PTI)

Express News Service

NEW DELHI: Prime Minister Narendra Modi sank the Indian economy with his two torpedoes demonetisation and GST Rahul Gandhi charged, wondering why the premier was celebrating the first anniversary of note ban on November 8.
“Modiji fired two torpedoes at the economy. The first torpedo demonetisation hit the economy but it was saved, the second torpedo GST damaged the economy and sank it,” Rahul said.
“Modiji and his government has said they will celebrate November 8. But they are not able to understand the feelings of the country. Note ban was out and out a disaster. November 8 was a sad day for the country…it is sad that the PM can’t understand people’s feelings,” he said.
Rahul’s comments came after he chaired two back to back meetings with senior party leaders over impact of demonetisation and GST ahead of all India protests that the Congress and other opposition parties are planning to observe November 8 as black day. The government will instead celebrate November 8 as anti-black money day.
Former prime minister Manmohan Singh and former finance minister P Chidambaram, both of whom have attacked PM Modi for the two economic decisions, attended the meeting on GST.

The faulty GST design, faulty architecture and complication of compliances, has killed jobs and businesses, Singh noted during the meeting.
“In the first meeting we discussed how the country suffered due to note ban…small business were affected and jobs were lost…in the second meeting Congress finance ministers briefed us on GST,” said Rahul.
Hailing the GST as a good idea, the Congress vice president said it was implemented poorly which badly hit economic growth.

“The present GST is a proof how a good idea can be ruined,” he said citing Punjab finance minister Manpreet Singh Badal.
BJP spokesperson GVL Narsimha Rao hit back saying frustration of the Congress was evident as people were comparing corruption during the previous UPA rule and transparency in the Modi government.

Noting the Congress claims GST as its brainchild, the BJP leader charged that criticism of its rollout showed Rahul’s doublespeak. The GST Council consists of Congress’ state ministers, he said.

Congress communication chief Randeep Surjewala said Rahul may participate in the opposition protests on November 8 either in Delhi or in a state capital.
Further, the Congress leaders and party finance ministers in states will espouse the pain and sufferings of MSMEs, shopkeepers, traders, businesses and ordinary people both inside and outside the GST Council.
“We are determined to fight this and not rest until a resolution of all issues affecting all these sections is found,” said Surjewala.
As part of the nationwide protests whose slogan will be “the nation is suffering” AICC general secretaries will oversee protests in state capitals while state units will take out candle light marches at 8 pm, when PM Modi announced noteban a year ago, across cities.
The other opposition members, said Congress leaders, had unanimously decided earlier that each political party will make its own efforts to protest demonetisation.



Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp