SP, BSP criticise NDA government’s sudden step to demonetise currency notes

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Heavily criticising the National Democratic Alliance (NDA) government’s sudden step to demonetise currency notes, the Samajwadi Party (SP) and Bahujan Samaj Party (BSP) on Thursday equated it with the imposition of an “emergency” in the country. The parties, the BJP’s main opponents in Uttar Pradesh, said the decision was taken by Prime Minister Narendra Modi keeping in mind the upcoming State elections.

If BSP chief Mayawati described it as an “undeclared financial emergency” implemented by Mr. Modi to divert people’s attention from his government’s failures, SP boss Mulayam Singh Yadav demanded a rollback of the decision for a few days, at least a week, to allow common people to make adjustments.

Mr. Mulayam and Ms. Mayawati said the Centre’s move had led to chaos and confusion, and adversely affected access to services and normal life for the poor, farmers, labourers, small traders and women.

BJP exudes confidence

The BJP has, however, in its public rallies and statements, popularised the demonetisation as a “surgical strike” against black money, and off-the-record, its leaders exude confidence that its political opponents would be worst affected due to the prevalence of unaccounted cash in campaigning in the State.

They claimed Ms. Mayawati’s call for an emergency meeting of office-bearers on Thursday and Mr. Mulayam’s demand for a rollback for a certain period were hints that the parties were rattled. Ms. Mayawati’s opponents and rebels have often accused her of auctioning party tickets. Many SP leaders, including controversial minister and Mulayam-confidant Gayatri Prasad Prajapati, are also accused of amassing disproportionate wealth.

Without naming anybody, BJP vice-president Dinesh Sharma took a dig at the SP and BSP for their opposition to the demonetisation. “Some parties are saying they should get more time so that they can convert black money into white. Some political parties are depressed,” Mr. Sharma said.

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