New Delhi: CPI-M General Secretary Sitaram Yechury on Tuesday hit out at Prime Minister Narendra Modi over demonetisation saying corruption, black money and terrorism which he sought to end with the note ban, were flourishing post the economic move.
"Six months after demonetisation, corruption, black money and terrorism - three claims Modi made of having ended - flourish at an even stronger pace," the Communist Party of India (Marxist) leader said on social networks.
He described Modi's November 8 move to demonetise Rs 1,000 and Rs 500 notes as an economic disaster.
"Government has let the big fish -- bank loan defaulters -- off and ruined India's informal economy which employs more than two-third of Indians and contributes more than half of our GDP."
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