Moily terms demonetisation move 'harakiri', says India followed Pakistan


New Delhi, Feb 8 (IANS): Congress leader M. Veerappa Moily on Wednesday termed the government's November 8 demonetisation of higher value currency as "harakiri" or suicide.

Initiating a discussion in the Lok Sabha on the General Budget for 2017-18, Moily also said India had "followed Pakistan" in its demonetisation move, and that only these two countries have claimed that the note ban is aimed to fight corruption and black money.

"This budget has turned out to be a timid one."

"Fighting corruption, and black money was the reason cited for demonetisation... these are the exact words used by Pakistan for demonetisation (in 2015)," Moily said.

He said 22 countries had gone for demonetisation, and only India and Pakistan have cited fighting corruption as the reason.

"For the first time we are following Pakistan," he said.

He also said that on November 8, the day demonetisation was announced, the three service chiefs met Prime Minister Narendra Modi.

"Maybe surgical strike entered the brain of the Prime Minister... In the evening he made a surgical strike on the economy," the Congress leader said.

"Instead of 'Mann Ki Baat', the Prime Minister should do 'Kaam ki Baat'," Moily added.

He also said that the Prime Minister and the government have "toned down" their rhetoric on demonetisation outside Parliament, but not in the House.

  

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Comment on this article

  • albert, Mangalore

    Wed, Feb 08 2017

    Excise duty collection has increased indicating no affect to manufacturing.
    Tourism figures have increased.
    Rabi crop has increased
    Perhaps the only people affected were business run on cash and rightly so, the whole thing was to curtail this cash business and hiding taxes.
    How many traders in bunder actually pay tax? Any kind of tax?
    10%?
    Does it mean that the rest of them earn less than 2.5 lakhs a year?
    Less than 20,000 rs per month?
    Its only the salaried persons who were paying tax till now.
    Time for the traders to start paying tax.

    DisAgree Agree [8] Reply Report Abuse

  • santhu, Mumbai/Udupi

    Wed, Feb 08 2017

    Now this fellow is incensed playing hide and seek game and now commenting anything in favor PAK out of frustration….Namma Jannanna is far better than this Verapaanna dagalbaji….!

    DisAgree [10] Agree [8] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Feb 08 2017

    Pakistan can summon any Prime Minister for Biryani ...

    DisAgree [9] Agree [17] Reply Report Abuse

  • Ravi C, Mangalore

    Wed, Feb 08 2017

    "Instead of 'Mann Ki Baat', the Prime Minister should do 'Kaam ki Baat'.... Good one!

    DisAgree [11] Agree [25] Reply Report Abuse

  • JK, Udupi

    Wed, Feb 08 2017

    Looks like Moily is following Pakistan politics more than Indian one. When did Pakistan implement demonetization process?. Molily is watching too much Pakistani comedy channel. BTW, where was he hiding all these days?, got busy converting black into white?.

    DisAgree [17] Agree [17] Reply Report Abuse

  • Praveen, Udupi

    Wed, Feb 08 2017

    Moily has hit BJPeeee where it hurts most...

    DisAgree [20] Agree [25] Reply Report Abuse

  • Langoolacharya., Belman/Wash DC.

    Wed, Feb 08 2017

    Gas Dalaal will go to prison with Mukesh Ambani in Gas scam when Modi looses power in 2019...his name is also there in Sahara and Birla bribe case in addition to Modi...only 1Crore instead of 45 Crores of Modi...

    Karnataka elect these scums inspite of massive corruption....Ouuuuuuuuuuuch....

    ...JH...

    DisAgree [19] Agree [21] Reply Report Abuse

  • ATD, Mlore

    Wed, Feb 08 2017

    Aiyo Annapa, Where were you ? Hiding in the rate to hole since almost past 2 months ?
    Seems you are lost with the words while comparing demonetization with Pak.
    It is too primitive,. Not at all impressive. Only 'kiri kiri'... LoL

    DisAgree [24] Agree [24] Reply Report Abuse


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Title: Moily terms demonetisation move 'harakiri', says India followed Pakistan



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