Senior journalist dissatisfied with Modi's demonetising decision



Senior journalist P Sainath has questioned the Central government how can they curb the black money and corruption by demonetising Rs 500 and Rs 1000 currency notes as due to this hasty decision, a common man is suffering a lot. After receiving an award 'Anant Bhalerao Smruti Puraskar' in presence of Madukarrao Mule last night, Mr Sainath questioned how can they expect to curb inequality in society by imposing a ban on the existing currency notes of Rs 500 and Rs 1000.

He said black money marketers have hidden their black money in investing huge lands, huge stocks of gold at their home and also in foreign currency. He added that Prime Minister Narendra Modi had given a promise to deposit Rs 15 lakh to every citizen in their bank accounts once the black money brings out to the country but, now it indicates that he is fooling the poor man after his overnight decision to ban currency. Delivering a lecture on the topic of 'Crisis of Rural India', he said he himself visited number of the banks branches and ATMs in the city at various locations and found that the common people are struggling to get their own money by standing in queues for several hours.

He also expressed concern over law and order situation if the present crisis would not be improved within next three days. On economic inequality, Mr Sainath said, "It is unfortunate and shameful for our country that ratio of the economic inequality has been increasing day by day since past 15 years and rich men become richer and poor remain poorer.'' 

Those prominent who were present were retired High Court justice Narendra Chapalgaonkar, Dr Prabhakar Panat, Ashok Bhalerao, Dr Sudhir Rasal, Prataprao Borade, Shyam Deshpande , SubhaschandraWagolikar and Sunita Dharwadkar.Senior journalist P Sainath has questioned the Central government how can they curb the black money and corruption by demonetising Rs 500 and Rs 1000 currency notes as due to this hasty decision, a common man is suffering a lot. After receiving an award 'Anant Bhalerao Smruti Puraskar' in presence of Madukarrao Mule last night, Mr Sainath questioned how can they expect to curb inequality in society by imposing a ban on the existing currency notes of Rs 500 and Rs 1000. He said black money marketers have hidden their black money in investing huge lands, huge stocks of gold at their home and also in foreign currency.

He added that Prime Minister Narendra Modi had given a promise to deposit Rs 15 lakh to every citizen in their bank accounts once the black money brings out to the country but, now it indicates that he is fooling the poor man after his overnight decision to ban currency. Delivering a lecture on the topic of 'Crisis of Rural India', he said he himself visited number of the banks branches and ATMs in the city at various locations and found that the common people are struggling to get their own money by standing in queues for several hours.

He also expressed concern over law and order situation if the present crisis would not be improved within next three days. On economic inequality, Mr Sainath said, "It is unfortunate and shameful for our country that ratio of the economic inequality has been increasing day by day since past 15 years and rich men become richer and poor remain poorer.'' Those prominent who were present were retired High Court justice Narendra Chapalgaonkar, Dr Prabhakar Panat, Ashok Bhalerao, Dr Sudhir Rasal, Prataprao Borade, Shyam Deshpande , SubhaschandraWagolikar and Sunita Dharwadkar.

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