APCC to protest against cash crunch

APCC to protest against cash crunch

Our correspondent

Itanagar, April 19: The Arunachal Pradesh Congress Committee (APCC) has decided to take to the streets on Friday against paucity of cash in banks and ATMs.

For starters, the party with all its Frontal Wings would gherao SBI, VIP road, Itanagar and SBI at Naharlagun. APCC president Takam Sanjoy appealed to people from all walks of life to join the first phase of demonstration and gherao programme from 9 am on April 20.

The first phase of protests will be at the SBI branches. The second phase will be a gherao of Civil Secretariat, Sanjoy announced on Thursday.

“This is the result of demonetization by Narendra Modi and BJP government one and a half years back. After demonetization, Arunachal Pradesh is facing shortage of cash in the capital as well as in all district banks and it has not ended till today,” said Sanjoy.

“The lack of cash is also an indication of the leadership and government vaccum created by the so-called BJP government,” he said.

Meanwhile, the APCC also demanded an explanation from the Centre and the Pema Khandu-led BJP government on the issue of cash crunch. “Under what circumstances all the SBI and other semi-government and private sector banks are dry without any money in the banks and ATMs,” APCC vice-president Minkir Lollen asked in a press statement.  “The tall claimed of the Modi-led NDA Government has surfaced and failed in all front. Modi begged 50 days for streamlining the banking system while announcing demonetization and scrapping of 1000 and 500 currencies,” the Congress said.

Lollen said people were harassed standing in long queues and many even died due to demonetization. However, none of the BJP or NDA leaders uttered a single word of condolence on the demise of these innocent people due to ‘note bandi’.

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