Note ban helped conversion of black money into white: Lalu

Press Trust of India  |  Patna 

(RJD) chief Lalu Yadav launched a blistering attack on the today on the first anniversary of demonetisation, saying the move served the purpose of "converting into white with greater ease".

His RJD held rallies and staged demonstrations across to protest


"was converted into white with greater ease as a result of the note ban. The poor were fooled into believing that it was a step keeping their interests in mind," Prasad said.

The RJD chief mocked the "Kala Dhan Virodh Diwas" (anti- day) being observed by the to celebrate one year of scrapping of high value currency notes.

"Exactly one year has passed since Prime Minister Modi announced his decision to ban notes (of Rs 1,000 and Rs 500 denominations). While it was touted as a major step against black money, till now the has not been able to tell the people how much has been flushed out of the system," Prasad told reporters here.

"The workers are trying to delude themselves by celebrating the anniversary of This one miscalculated step will go a long way in ensuring their ouster from power," he added.

"We are hitting the streets to remind the people of the hardships they had to face. So many people had died standing in queues and so many have lost their livelihoods as a result of this whimsical step," Prasad said.

RJD workers in large numbers staged a demonstration close to the collectorate, giving a tough time to the police to keep things under control. Leader of Opposition in the Assembly Tejaswi Yadav is scheduled to join the agitators there.

The RJD supremo is scheduled to address a rally at Hajipur in Vaishali district across the Ganges later in the day.

The Congress, which is an RJD ally in the state, is also staging demonstrations separately, across in protest against

At a demonstration against in Patna, former state Congress president Ashok Choudhary participated.

The party has planned candle light marches in the evening in the state capital in memory of those who whose deaths have been blamed on hardships caused by the note ban.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 08 2017. 15:22 IST