Rahul Gandhi: Demonetisation is an 'Absolute debacle'

New Delhi October 30, Congress VP Rahul Gandhi on Monday said that the Central Government has launched two torpedoes on the India economy-one demonetisation and another is Goods and Service Tax (GST), including that note ban was an "Out and Out disaster" by Prime Minister Narendra Modi.

"Prime Minister Modi and his government have said that they will observe November 8, the day demonetisation was implemented. PM Modi has not possessed the capacity to comprehend the sentiment the country. The demonetisation by Prime Minister Modi was an Out and Out debacle. November 8 is a miserable day for India," Rahul Gandhi stated, in the wake of going to the Congress general secretary meeting here.

Slamming the Central Government over the execution of the GST, Rahul stated, "The GST is a smart thought, yet the Central Government has implemented it in wrong way. PM Modi's legislature has propelled two torpedoes on the Indian economy - one is demonetisation however because of this the economy by one means or another gets steady and another is the GST, which has demolished the entire Indian economy completely."

Union Finance Minister Arun Jaitley earlier announced that the Bharatiya Janata Party (BJP) will watch November 8, the day when Rs 500 and Rs 1,000 notes available for use stopped to be a legitimate delicate, as 'Against Black Money Day' the nation over.

The Opposition has additionally chosen to watch November 8, the main commemoration of demonetisation, as 'Black Day' the country over.

On November 8, 2016, the Center proclaimed Rs. 500 and Rs. 1000 notes as non-legal and presented new Rs. 200, Rs. 500 and Rs. 2000 notes.