Akhilesh Yadav criticises and calls government’s demonetisation move “ill-planned”

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Alleging that the Central government’s demonetisation move has added to the miseries to the farmers, Uttar Pradesh Chief Minister Akhilesh Yadav on Friday said the “ill-planned” move of demonetisation might have adverse impacts on the nation’s economy. “Even ATM machines were not equipped for the new notes the currency exchange can take as long as six months or a year,” he said.

Akhilesh said the state’s farmers, who had been hoping that this time round they will make up for the losses of past years, now have been forced to face not a natural calamity but a “government- made crisis”. “This has been forced by the government knowingly,” the CM said to reporters after presiding over a Cabinet meeting.

“They (BJP) have the most knowledgeable persons and if such intelligent people force hardships on people what more can be said,” he added. The meeting was of the opinion that farmers should get relaxation in use of Rs 500 and Rs 1,000 notes cooperative banks to which farmers are directly linked should get relaxation as money is not promptly reaching bank branches.”

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