The MPYC organised “Chaurahe pe charcha” to expose demonetization truth

the-meghalaya-youth-congress-organised-organised-chaurahe-pe-charcha-to-expose-demonetization-truthShillong, January 04: Meghalaya Pradesh Youth Congress led by President, Mr. Richard M. Marak organised “Chaurahe pe charcha” to expose demonetization truth.

The program was organised in different places of Tura, West Garo Hills. The Congress demands a ‘white paper’ to expose the truth behind demonetization.

The question asked by the Congress party from the prime minister is that, how much black money has been unearthed since 8th November, 2016?

What is the economic loss to the nation on account of demonetization? How many jobs and livelihoods have been lost since this policy has been announced?

How many lives have been lost due to demonetization? Why has the government not paid any compensation to the families of the deceased?

What was the process of consultation and preparedness followed prior to the implementation of demonetization? Why were experts, economists or the RBI not consulted before unleashing this draconian policy upon the people?

Will the government place the names of all persons, institutions, and entities that deposited Rs. 25 lakh or more in bank accounts in the six months preceding the 8th of November, 2016?

The Congress Party puts forward the following five demands on behalf of people of India:

That all restrictions on withdrawal of money be lifted with immediate effect. Till the time these restrictions are in place, a special interest  at the rate of 18% per annum should be given to all bank account holders. We demand that all charges on digital transactions should be abolished forthwith.

That the rate of rations distributed under the PDS system should be halved for the period of a year under the provisions of the Food Security Act. In addition, a special one-time bonus of 20% should be provided over and above the MSP of all Rabi crops.

 

That Rs. 25,000 should be deposited in the account of at least one woman belonging to each BPL family as compensation for the immense suffering caused to women due to demonetization.

That the number of guaranteed work days and the wage rate under MGNREGA should be doubled for a period of one year. The government should organise a special drive to identify and register all those who have lost their jobs since November 8, 2016, and provide them compensation at the applicable minimum wage rate for a time period extending up to 31st March, 2017.

An Income tax and Sales tax rebate of 50% should be given to small shopkeepers and businesses. The Central government should compensate the State governments for the loss of revenue incurred on account of this exemption.

 

 

 

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