Lending his support to the Trinamool in the Lok Sabha polls, former Union Finance Minister Yashwant Sinha campaigned for party candidate for Asansol Sreemati Dev Varma (Moon Moon Sen) earlier this week.
Among the most vocal critics of the Narendra Modi government, Mr. Sinha said the future of democracy in the country depended on the results of the Lok Sabha election.
“This election is the battle for the future of democracy in the country which is being attacked every day by the ruling party and the Prime Minister. It is the battle for the very idea of India as we have known over centuries. Therefore, this election and its outcome is very important,” he told The Hindu in an interview.
The former Finance Minister described demonetisation as a “more sinister design” than the people had actually thought, alleging that black money from demonetisation was turned white for a commission that had come to the BJP in the form of electoral bonds.
“Demonetisation not merely a policy failure or decision taken in haste but a more sinister design to take advantage of the black money capture it, turn black money into white and take 40% commission from it. The money has come to the BJP through electoral bonds. This is the money which has given a huge advantage to the BJP in all the recent elections,” he said. Mr. Sinha said that something was seriously wrong with the process of procurement of Rafale jets, and said that Election Commission had been unable to take action against Prime Minister Narendra Modi.