Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,921.50-96.9
Stock Analysis, IPO, Mutual Funds, Bonds & More

BJP slams Opposition for criticising “sacred” noteban

Though names of either West Bengal or its Chief Minister Mamata Banerjee, who has been in the forefront in protesting against demonetisation, featured in the resolution, it appeared to make an oblique reference to the state.

Jan 07, 2017, 04.13 PM IST
0Comments
PTI
BJP
The resolution stated that the fact that there was not a “single major incident” in the 50 days since demonetisation shows the wide support to the move.
NEW DELHI: Describing the demonetisation as a “sacred movement” and associating it with patriotism, BJP has slammed the Opposition for speaking against it and emphasised that it is aimed at the welfare of the people.

In the Economic Resolution moved by Finance Minister Arun Jaitley at the BJP National Executive meet here, the ruling party also underlined that it has led to a “cleaner GDP” and all states engaged in good governance have actually seen a spurt in their revenue and tax collection, an apparent dig at TMC ruled West Bengal which has opposed demonetisation as one that has hit the economy.

“The National Executive believes that this fight is an important step in the re-making of an equitable and strong India. This step of the Central Government has reaffirmed the belief that patriotism isn’t just a political talk but it is the political will to take strong and decisive steps to favor the last man,” the resolution said.

The resolution was seconded by Commerce Minister Nirmala Sitharaman and Assam Chief Minister Sarbanand Sonowal. It criticised the Opposition, alleging that it had “become negative with destructive energy” to defame the Narendra Modi government and is trying to destroy the “positive environment” of the country.

“In this sacred movement across the country, the common people were taking upon themselves the temporary suffering of standing in queues with full enthusiasm and positive energy, but the Opposition had become negative with destructive energy to defame the Central Government and trying to destroy the positive environment of the country,” the resolution said.

Though names of either West Bengal or its Chief Minister Mamata Banerjee, who has been in the forefront in protesting against demonetisation, featured in the resolution, it appeared to make an oblique reference to the state.

“Demonetization was necessary for decimating the parallel economy of the black money and for the smooth functioning of the GST in near future.

"Today there is more money with the banks to lend. Interest rates have moved downwards. Black money has been deposited in the banks. It has lost its anonymity. The informal economy will now increasingly integrate with the formal economy. This will lead to higher revenues with the states and the Centre. It will lead to a bigger and a cleaner GDP,” the resolution said.

Briefing the media later, Sitharaman said that the November figures of revenue collection of all states show that there has been an increase, “except maybe Bengal”.

The party’s Kisan Morcha Chief Virendra Singh Mast intervened during the discussion on the resolution and said demonetisation has checked the “uncalled for expenditure” of the farmers. Singh and Yuva Morcha Chief Poonam Mahajan said a lot of political will and stamina is needed to bring about such a change and hailed the Prime Minister for it.

The resolution stated that the fact that there was not a “single major incident” in the 50 days since demonetisation shows the wide support to the move.
Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service