New Delhi, Aug 30 : In a double-barrel attack, Congress President Rahul Gandhi on Thursday called demonetization a scam intended to benefit "15-20 crony capitalist friends" of Prime Minister Narendra Modi and accused him of lying in the Rafale deal.
Gandhi, who addressed a hurriedly called press conference at the AICC headquarters, alleged that demonetization was a deliberate attack on the people aimed at helping the richest Indians and the most corrupt people to convert their black money into white.
Latching on to the RBI report of Wednesday that said that 99.3 per cent of demonetized money had come back into the system, he questioned the rationale behind the decision to cancel all Rs 500 and Rs 1,000 notes suddenly in November 2016.
None of the stated objectives like elimination of black money and fake currency, abolition of corruption and curbing terrorism had been achieved, he said.
"Demonetization was not a mistake. It was an attack on you. You were attacked with an axe. Do not be under any illusion. It was not a mistake. This was to destroy you deliberately and open the way for big businesses like Amazon," he said in reference to small and medium businesses that were hurt the most by the note ban.
Accusing Modi and Finance Minister Arun Jaitley of destroying the economy, Gandhi said the NPAs have touched over Rs 12 lakh crore under NDA against Rs 2.5 lakh crore during UPA which was manageable.
"Why did he (Prime Minister Narendra Modi) do it (demonetization)? His 15-20 big industrialist friends had accumulated NPAs to the tune of thousands of crore. So through demonetization your (common man's) money was taken out of your pocket and put directly in the pockets of the country's biggest crony capitalists," Gandhi told the media.
He said Modi's "friends" turned black money into white after the note ban.
"For example, a cooperative bank in Gujarat whose Director is (BJP President) Amit Shah exchanged Rs 700 crore in the wake of demonetization. It cannot even be called a jumla, it can be called a scam. The aim was to destroy small businesses and aid corruption.
"Indeed, Prime Minister Modi did what had not been done in the last 70 years... He did it and devastated the economy (through demonetization)."
He said the Prime Minister owed a reply to the people, specially the youths and small and medium businesses over the unrealized objectives of demonetization and noted that it had adversely impacted on GDP growth rate by 2 per cent.
Gandhi said demonetization was "a huge scam" and slowly evidence was coming out and more will come out.
Replying to a question if he would seek an apology from Modi, he said an apology was sought when someone makes a mistake.
"It was not a mistake but a deliberate attack on the people of the country. He paid back those who market him. Crony capitalists do his marketing and he snatches money of people and pays them (back)," Gandhi said.
Stepping up his attack on the Rafale fighter jet deal, he said Jaitley was writing "lengthy"blogs but why was the government silent on the demand for a joint parliamentary committee (JPC) probe into the issue. "Jaitley is scared to ask the PM about constituting a JPC."
He referred to the joint statement issued after Modi announced the Rafale deal which mentioned that the aircraft would be delivered on the same configuration as had been earlier approved by the Indian Air Force.
"If the configuration is going to be the same, why is the man lying?"
He said the Prime Minister was not taken seriously any more on promises like he made to put Rs 15 lakh of money in every Indian's bank account. "But when he lies, we catch him."
"There is a huge list of unfulfilled promises and lies. His words hold no meaning anymore."
He alleged that the BJP opened offices in several parts of the country during the note ban.
Answering a query, he said the entire party was receiving legal notices from industrialist Anil Ambani over its allegations on the Rafale deal but the party was not worried.
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Several users on ‘X’ on Thursday and Friday shared claims that LPG cylinders booked at 11:45 AM were being delivered within just two hours, prompting humorous and curious reactions online.
Booked an Bharat Gas LPG cylinder at 11.45 AM today and it was delivered at my doorstep by 1.30 PM. Without any extra cash or charges.
— Shashi Kumar (@iShashiShekhar) March 12, 2026
I asked the delivery guy, is there any shortage. His reply was in negative.
Meanwhile netizens quickly responded to the sudden similar bookings by many users.
One ‘X’ user tweeted, “Booked a Bharat Gas LPG cylinder at 11:45 AM today and it was delivered at my doorstep by 1:30 PM. Without any extra cash or charges. I asked the delivery guy if there was any shortage. His reply was negative. This copy is circulating 👇.”
Booked a Bharat Gas LPG cylinder at 11.45 AM today and it was delivered at my doorstep by 1.30 PM. Without any extra cash or charges.
— Govind Pratap Singh | GPS (@govindprataps12) March 13, 2026
I asked the delivery guy, is there any shortage. His reply was in negative.
ये वाली कॉपी घूम रही है 👇 pic.twitter.com/DG7KkxuQxw
Another user questioned the timing, asking, “How can all book at the same time?” while a separate post wondered, “Why is everyone booking LPG at 11:45 AM?”
Why is everyone booking LPG at 11:45 AM ? #Lol
— Paritosh Vyas 🇮🇳 (@paritosh2608) March 13, 2026
Many netizens joked about the posts. One wrote, “Everyone is booking LPG gas cylinders at 11:45 AM, and surprisingly it’s getting delivered in two hours. IT cell has some special gas agency. Is it LPG or Naale ka Gas?”
Everyone is booking LPG gas cylinder at 11.45 am and surprisingly it getting delivered in 2 hours.
— Prashant Kanojia (@KanojiaPJ) March 13, 2026
IT cell has some special gas agency.
is it LPG or Naale ka Gas?
pic.twitter.com/2T3NI3qjtk
One urged, “Please tell these hundreds of people to book at 11:45 AM too,” sharing a photo of people standing in ques.
Please tell these hundreds of people to book at 11:45 AM too https://t.co/BUekztabvK pic.twitter.com/lRknSuQreI
— URScrewed 🇬🇧 (@URScrewed_) March 13, 2026
Booked an Indane Gas LPG cylinder at 11.45 AM today and it was delivered at my doorstep by 2 30 pm without any extra cash or charges.
— Nehr_who? (@Nher_who) March 12, 2026
I asked the delivery guy, is there any shortage. He replied Nope.
Then I woke up.
“Booked an Indane Gas LPG cylinder at 11:46 AM today and it wasnt delivered at my doorstep by 2:30 PM. I asked the delivery guy, why didn't he deliver. He replied cylinders were delivered only to people who booked exactly at 11:45 AM,” wrote another.
Booked an Indane Gas LPG cylinder at 11:46 AM today and it wasnt delivered at my doorstep by 2:30 PM.
— Essai Ennai (@SiniiMayo) March 13, 2026
I asked the delivery guy, why didn't he deliver. He replied cylinders were delivered only to people who booked exactly at 11:45 AM.
One user asked, “What was the auspicious occasion to book at 11:45 AM?” while another tweeted, “I am going to book a gas cylinder at 11:45 AM tomorrow, hope Modi Ji will deliver it by 1:30.”
What was the auspicious occasion to book at 11:45 AM? pic.twitter.com/jZqEzNdCGo
— SMMH-SAB MOH MAYA HAI (@EliteCricket10) March 13, 2026
“I want to ask one thing… If I book an LPG cylinder tomorrow at 11:45 AM and the gas agency is unable to deliver it by 1:30 PM, will it be free like Domino’s pizza, or will I get it at some discounted price? BJP IT Cell experts, please confirm so that I can book my LPG cylinder tomorrow exactly at 11:45 AM,” said another humorously.
I want to ask one thing if...
— शाकाल (@real_shakaal) March 13, 2026
"I'll Book an LPG cylinder tomorrow at 11.45 AM and if Gas Agency will unable to deliver the LPG Cylinder at my doorstep by 1.30 PM tomorrow".
Will it be free like Dominos Pizza or i'll get it on some discounted price?
BJP IT Cell experts please… pic.twitter.com/UEBoBwVNNw
