Congress president Rahul Gandhi said he would have thrown the proposal to demonetise high-value currency notes into the dustbin if he was the Prime Minister.
NEW DELHI: Rahul Gandhi, at an interaction with members of the Indian community in Malaysia, took a
stinging swipe at Prime Minister Narendra Modi’s sudden decision to demonetise high-value currency notes
in 2016. The Congress president has been a consistent critic of the notes ban decision and the way
it was implemented, forcing millions of Indians to stand in snaking lines outside of banks for days.
At the interaction, someone asked Mr. Gandhi how he would have rolled out demonetisation differently.
“If I was Prime Minister and someone had given me a file with demonetisation written on it, I would have
thrown it in the dustbin. That is how I would have rolled it out,” Mr. Gandhi said to a loud applause
from the audience.
Mr. Gandhi continued.
“I would have rolled it out in the dustbin, and out through the doors and into the junkyard… Because
that is what I think should have been done with demonetisation,” he added in a video of the interaction
shared by the Congress party on its Twitter handle.
Mr. Gandhi is on a five-day trip to the Southeast Asian countries that started from Singapore. He began
the Malaysia leg of his visit today and interacted with the Indian diaspora in Kuala Lumpur.
Mr. Gandhi has blamed PM Modi for slowing down the Indian economy by his sudden decision to pull out Rs
1,000 and Rs 500 currency notes from circulation and then, a flawed implementation of the national tax
These two steps killed the economy and rendered lakhs of people jobless, Mr. Gandhi would often tell people
at his election meetings. Former Prime Minister Dr. Manmohan Singh, a reputed economist, has
variously called the decision a “monumental management failure” and “organised loot and legalised
But the BJP hasn’t lost a major state election where the Congress president has made the notes
ban a central point of his campaign, a trend that is seen to imply that PM Modi’s narrative around the
controversial decision had public support.
PM Modi, which had pitched the notes ban as a deadly blow against black money, terrorism, and fake
currency, have claimed that the exercise had delivered results and point to an expansion in the number
of taxpayers and people using digital modes of payment.