The opposition parties and leaders are not just slamming the demonetization step taken by the Modi government but some of them are also alleging that the government has shared this decision with some of the BJP leaders before announcing it publicly.
In order to come out clean on this allegation, PM Modi has asked the MPs and MLAs of his party to submit all the details of their bank transactions made between Nov 8 and Dec 31 to the party President Amit Shah. He gave this direction to BJP MPs and MLAs during a BJP Parliamentary meeting. PM Modi announced the demonetization of Rs. 500 and Rs. 1,000 notes on November 8 and December 31st will be the day when the old currency notes will cease to be deposited in banks.
Majority is praising PM Modi for taking such a bold and great move of demonetization, as they believe that it will reduce the problem of black money to a great extent while some are of the opinion that this decision has been taken keeping in mind the state elections. The opposition is obstructing the proceedings of the Winter Session of the Parliament. As a result, both the houses have been adjourned.
Some senior leaders such as Mulayam Singh Yadav (Samajwadi Party), Mallikarjun Kharge (Congress) and Sudip Bandhopadhyay (Trinamool Congress) have demanded to bring Adjournment Motion and they also want debate but only under such rule which permits voting also. Additionally, they want that PM Modi should also be present in the house at the time of discussion.
Home Minister Rajnath Singh has assured that PM will speak on the matter of demonetization in the Parliament but under what rule the debate should take place, this has to be decided by the Speaker of the house.
Narendra Modi has completely denied the allegation that the Income Tax Amendment Bill, which has been brought in the Lok Sabha, focuses on transforming the black money into white money. He says that this bill is for the welfare of the poor.
Parliamentary Affairs Minister Ananth Kumar said while addressing the reporters,
“The PM described the move as a fight against black money and said it is for the welfare of poor.”
He has further added that PM Modi wants support and participation of everyone in making India a digital and cashless economy.
Do you think that other party leaders will also follow the suit and ask their MPs and MLAs to submit their bank details from Nov 8 to Dec 31? Let us know your views in the comments section below.