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01 Mar 2024, Edition - 3153, Friday

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Modi has missed his intended target of black money hoarders: Stalin

Covai Post Network


While those with black money are sleeping peacefully, the common man is put through severe hardships. Getting money from ATMs or exchanging old current notes is only part of the misery, DMK says.

Chennai: Well after a fortnight of people’s travails outside banks, the opposition DMK on Thursday launched its first protest against demonetisation in different parts of the state. In Chennai, the protests were led by its treasurer MK Stalin, who lashed out at PM Modi saying that he had missed his intended target of black money hoarders.

Addressing the media after participating in a human chain at Perambur in North Chennai as a form of protest, Stalin said while those with black money were sleeping peacefully at their homes, it was the hapless and helpless common man who was queuing up outside banks to take his or her own money. They are not black money hoarders, Stalin said.

Recalling the hardship being faced by almost every section of society, Stalin said the last date for exchange of old currency should be extended to March 31 next year. He had earlier tweeted asking the government to conduct voting in both houses of Parliament on whether an extension for exchange of old currency should be granted.

Coming back to the plight of the common man, Stalin said had the government released sufficient quantities of Rs. 100 and Rs. 500 notes (new), the small traders, people in the informal sector, shopkeepers and the common man would not have suffered so much. At present, it was like everyone was doing only one thing – standing in queue.

Instead of the small notes, people are getting Rs. 2000 notes, which are nearly useless as people are not able to spend it because there is no change readily available. So, shopkeepers are suffering; workers are not getting wages; in many cases there was no work for the people in the informal sector.

The DMK, Stalin said, as part of the nation-wide protest called by opposition parties will hold protests all over Tamil Nadu on November 28.

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