The AIMIM chief and Hyderabad MP Asaduddin Owaisi cautioned that now those standing in queues at banks and ATMs today will stand in queues on the polling day to vote him out. Addressing a meeting at his party’s headquarters, to mark ‘Milad-un-Nabi’, he called the Prime Minister Narendra Modi “a tyrant” who has caused havoc in every house to satisfy his ego.
Deploring that demonetization had pushed people into distress, he lamented that in one stroke the Prime Minister virtually destroyed the livelihood of the poor and deprived sections. He said it would take one year and not 50 days for the post-note ban situation to return to normal.
Owaisi pointed out that economic experts have projected a loss of three percent GDP or Rs 4 lakh crore due to demonetization. Stating that Rs.12.5 lakh crore in Rs 1,000 and Rs 500 denomination notes were deposited in banks till November 30, he asked if this was black money?
He expressed severe concern that Modi has caused distress to every family at a time when there were good rains after two years and the marriage season had just started.
He claimed that Rs 3.5 lakh crore were deposited in bank accounts between September 15 and 30 while the average deposits for the two weeks was Rs 1.5 lakh crore. “Whose money is this?” he asked.
The MP said Modi failed on all fronts including his promise to control price rise and bring back black money to the country in 100 days.
