Biggest scam in the world, says Congress

To support his claim of unemployment rate rising to a 45-year high, Chopra cited data released by the International Labour Organisation (ILO).

Published: 09th November 2019 07:36 AM  |   Last Updated: 09th November 2019 10:14 AM   |  A+A-

By Express News Service

NEW DELHI:  Alleging that move to recall high-value currency notes by the BJP-led central government in 2016 was the biggest scam in the world, the Congress’s Delhi unit on Friday said that the decision had wrecked the lives of poor, farmers, shopkeepers and traders.

Delhi Congress chief Subhash Chopra said that the decision to ban currency notes of denominations `500 and Rs 1,000 would always be remembered as an ‘economic ruin and unemployment scam’ and the government of Prime Minster Narendra Modi would go down in history as the ‘villain of demonetisation’.

Speaking at a ‘Halla Bol’ (raise your voice) rally, a demonstration against ‘economic slowdown’ at Sadar Bazaar on the third anniversary of demonetisation, Chopra said,“The Modi government is ruining the economy of the country and driving the unemployment rate to its worst ever. All this is the fallout of demonetisation done three years ago. While the decision has brought the country on the brink of economic ruin, terrorist activities have grown by leaps and bounds. The fruits of demonetisation, if any, have been derived only by Modi’s rich friends,” he said.

To support his claim of unemployment rate rising to a 45-year high, Chopra cited data released by the International Labour Organisation (ILO). “Unemployment rate stands at 8.19% as on August, 2019 — the highest ever. Globally, the unemployment rate is only at 4.95%. This means that our unemployment rate is double the world’s average,” he said.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

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 newindianexpress.com 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 newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com 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. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp