Demonetisation a failed experiment: Yashwant Sinha
‘A view on present Indian economic condition’
Bengaluru, August 29: Former finance minister Yashwant Sinha opined that the demonetisation introduced by the Narendra Modi government at the centre was a failed experiment due to which unorganized labourers and small industries were affected.
Speaking on ‘A view on present Indian economic condition’, organized by the Rashtriya Nava Nirmana Vedike to mark the 92nd birthday of former chief minister Ramakrishna Hegde, at Bharatiya Vidya Bhavan here on Wednesday, he said that the central government had promised of bringing back the black money by implementing the demonetisation. But after demonetisation, 99.4 per cent of money has returned to the RBI. Then where the black money went, he asked.
During UPA tenure, the loan amount due for banks was Rs 2 lakh crore. But in the Narendra Modi government, it has gone up to Rs 14 lakh crore. Both the RBI and the central government have completely failed to recover the loans availed by the big industrialists and businessmen, he said.
The data of all departments including Finance Department, Labour department and others were not genuine. The central government has tried to manipulate the data and doing politics. The centre has been creating false data on job creation to mislead the people, he said.
Revenue Minister R V Deshpande also spoke on the occasion. Senior journalist Satyanarayan, Vijayamma and Desai were felicitated. Journalist Sugata Srinivasa Raju, Legislative Council Chairman Basavaraj Horatti, Vedike president Mamatha Nichani and others were present.
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RG Kar crime anniversary: One held for 'assaulting' police constable during protest
Kolkata (PTI): Sleuths of the Kolkata Police on Wednesday arrested a person from here for allegedly being involved in assaulting the guard of an IPS officer during 'Nabanna Abhiyan', a march to the West Bengal secretariat, last week, an officer said.
The person, identified as Chandan Gupta, a resident of Jagatdal in North 24 Parganas district, was arrested from Bow Bazar area in central Kolkata this morning, he said.
"The person has been booked under various sections of the Bharatiya Nyaya Sanhita for attempting to kill constable Prasanta Poddar, who is a guard of DC SSD Bidisha Kalita Dasgupta. He is being questioned," the officer said.
Chaos and violent agitation dominated the streets of Kolkata and adjacent Howrah on August 9, a day that marked the completion of one year of the rape and murder of the doctor at the state-run RG Kar Medical College and Hospital.
"The search for other accused is underway," he said.
Seven FIRs were filed against several individuals, including BJP MLAs Ashok Dinda, Agnimitra Paul and other leaders, for allegedly obstructing security personnel from performing their duties, assaulting them and causing damage to public properties during the march to the West Bengal secretariat on August 9.
Incidentally, the father of the deceased doctor of the RG Kar Medical College and Hospital filed an FIR, accusing the police of torturing his wife during the protest.
