Rahul attacks PM on currency shortage, says country in grip of ‘note ban’ terror again

Agencies
April 17, 2018

New Delhi, Apr 17: Congress President Rahul Gandhi today said the “terror of note-ban” has again gripped the country due to reported shortage of cash in several states and accused Prime Minister Narendra Modi of destroying the country’s banking system with his demonetisation decision.

The Congress chief, who is in his Parliamentary constituency Amethi, took to Twitter to attack Mr. Modi, alleging he “snatched” the ₹500 and ₹1000 currency notes from every Indian’s pocket and “gave” it to Nirav Modi, but was neither speaking a word about it nor facing Parliament.

“Modi ji has destroyed the banking system of the country,” Mr. Gandhi said on the reported cash crunch in some ATMs.

He alleged that Narendra Modi did not speak a word “after Nirav Modi fled the country with ₹1,000 crore.”

“The Prime Minister has not uttered a single word after he made the entire country stand in a queue, snatched ₹500 and ₹1000 currency notes from your pocket and put it in Nirav Modi’s pocket. He fears standing in Parliament too,” he said.

The terror of noteban has gripped the country again as the cash in various banks has gone dry, Mr. Gandhi alleged and used the hashtag “CashCrunch” with his tweet in Hindi.

“Understand the deceit of Noteban, your money in Nirav Modi’s pocket. Modiji’s ‘Mallya maya’, the terror or noteban is again spreading. The country’s ATMs are again empty, what has been done to the country’s banks,” he tweeted.

Congress communications in-charge Randeep Surjewala also took a dig at the Prime Minister, saying “while the ‘saheb’ is enjoying abroad, the country’s people are looking for cash in banks.”

Several parts of Andhra Pradesh, Telangana, Madhya Pradesh, Bihar and poll-bound Karnataka have reported shortage of currency and ATMs running down, which the government today attributed to unusual spurt in demand in last three months.

Finance Minister Arun Jaitley said the “temporary shortage” in certain states is being “tackled quickly” and that there is “more than adequate” currency in circulation.

Congress leader Jaiver Shergill said that news is pouring in from Bihar, Rajasthan, Telangana, and Jharkhand that there is no money in the country’s banks.

“The Congress party demands that the money that the BJP has earned from cleaning off the banks should be returned and the ATMs should be made operational,” he said.

“BJP and friends have stolen the country’s money, that’s why there is no money in the country’s ATMs,” he alleged.

Comments

ahmed
 - 
Wednesday, 18 Apr 2018

My Dear Rahuljii Our Chayawala PM FLy  Looted bank then were we will get money Haaa.haaa Modi change solgon SUB KA SATH INDIA KA VINASH...

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News Network
November 17,2024

Mangaluru: District-in-Charge Minister and Minister for Health and Family Welfare, Dinesh Gundu Rao, announced that a day-care chemotherapy centre will soon be established at District Wenlock Hospital. Speaking to mediapersons after reviewing the activities at Wenlock and Government Lady Goschen Hospital, he shared the government’s plans to enhance healthcare services in the region.

Key Initiatives Announced

•    Day-Care Chemotherapy Centre:

  • Ten beds will be reserved for cancer patients.
  • The government will collaborate with Yenepoya Hospital to provide chemotherapy treatments.
  • All required facilities for the centre are already in place, awaiting inauguration by the Chief Minister.

•    Wenlock Hospital Facelift:

  • Critical Care Block: To be built at a cost of ₹24 crore.
  • Integrated Public Health (IPH) Lab: Planned with a budget of ₹1 crore.
  • New OPD Block: As per a 2017 agreement, KMC Hospital will take up construction. Discussions with KMC management are underway.

•    Additional Requirements:

  • A new mortuary and post-mortem building.
  • Paramedical college building.
  • Modern kitchen.
  • Bridge connecting two buildings within the hospital.

•    Total facelift cost: ₹6 crore to ₹10 crore, utilizing funds from the Department of Health and Family Welfare and CSR contributions.

•    Timeline:
By December or January, priority works will be finalized. The superintendents of Wenlock and Lady Goschen Hospitals are scheduled to visit Bengaluru next week to discuss these projects.

•    MRI Fee Allegations:
The minister assured that allegations of patients being charged for MRI scans at Wenlock Hospital will be resolved at the earliest.
These measures aim to improve healthcare accessibility and infrastructure, positioning Wenlock Hospital as a state-of-the-art facility in the region.

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News Network
November 21,2024

adani.jpg

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 14,2024

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Thursday backed Chief Minister Siddaramaiah over his claim that the BJP had offered Rs 50 crore each to 50 Congress MLAs in an attempt to "topple" the state government.

Addressing reporters here, Shivakumar, also the Congress state president, said, “The BJP indeed lured 50 Congress MLAs with Rs 50 crore each.”

He defended Siddaramaiah’s statement and said the Congress MLAs were briefed about the BJP’s alleged 'Operation Lotus', a term used to describe the BJP's attempts to destabilise ruling governments through horse-trading.

“Some of our MLAs informed the Chief Minister about this matter, and he, in turn, shared it with the media,” Shivakumar said.

At an event in Mysuru, Siddaramaiah reiterated the claim that "none of the Congress MLAs had accepted the offer".

He also accused the BJP of filing false cases against him in a bid to "remove him and overthrow his government".

The BJP has yet to respond to the allegations.

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