Demonetisation effected every section of society says Congress

Reminding the NDA government of former Prime Minister Manmohan Singh’s warning that demonetisation of old currency notes of Rs 500 and Rs 1,000 would have an adverse impact on economic growth in the country, the Congress has said that the present economic situation showed that the move has adversely affected every section of society.

In an editorial in its latest issue, the Congress Sandesh said, ”when the PM made an announcement on demonetisation on November 8 last year, he had said that it was a revolutionary step.

He had said this would bring back the black money, inflation would reduce, the GDP would enhance and the infiltration of terrorists would reduce.

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