Demonetisation has wiped out confidence in our economy: Rahul

Demonetisation has wiped out confidence in our economy: Rahul

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New Delhi, Nov 8 :Terming demonetisation an ‘arbitrary’ and ‘unilateral ‘ decision by the NDA government, Congress vice-president Rahul Gandhi said on Wednesday that in the past one year, ‘it has wiped out confidence in our once booming economy’.‘One year ago, Narendra Modi bypassed the Reserve Bank of India, locked his cabinet in a room and gave the country just four hours notice before announcing his arbitrary and unilateral demonetisation scheme. Overnight 86 per cent of the value of India’s currency was withdrawn from circulation.

The Prime Minister claimed his decision was aimed at wiping out corruption. Twelve months on, the only thing he has wiped out is confidence in our once booming economy,’ Mr Gandhi said .