Convention against demonetization

Patna, January 7:

Under the auspices of SUCI (Communist) Patna District Committee a well attended CONVENTION against demonetization was held on Saturday at IMA Hall. In course of campaigning among the people for convention party activists organized a dozen of street corner meetings at different localities in the city.

Guests and leaders sitting on dais 

Addressing the convention Robin Samajpati, Secretary, SUCI (Communist) Jharkhand State Committee said, “On 8^th November Prime Minister Mr. Narendra Modi banned Rs 500 and Rs 1000 currency notes claiming all black moneys would have been unearthed, corruption would be wiped out and by invalidating fake notes terror funding would be stopped. Asking 5o days for his ‘bold step’ to get desired result he said no one needed to stand on queue after 30 December.” Discussing the consequences of demonetization Sri Samajpati said that agriculture and small enterprises had suffered much affecting entire economy badly. More than 130 precious lives were lost standing in queues and in absence of sufficient cash to get proper treatment. People had taken all those sufferings to get ‘long-term benefits’ promised by PM Narendra Modi. But after passing 50 days it had proved to be a big hoax and nothing but a ply to divert people’s attention from the accumulated grievances against the various anti-people policies tearing their life pieces day in and a day out. He added that Mr. Modi had no answer the natural questions of how much black money was recovered by this ‘surgical strike’? How many black money holders were sent to jails?” “PM Modi is laying more and more stress on cashless economy to divert people’s attention on his tall claims regarding black money as if introduction of cashless economy is his main thrust,” said Sri Samajpati. He further said such a environment was being created where capitalist exploitation, price rise, unemployment, worsening condition of health and education and increasing crimes on women were not, but unable to use debit and credit cards were the causes of the people’s problems. Dealing on cashless economy Sri Samajpati said that in the context of increasing the incidents of cyber crimes our money was not safe when as neither banks nor government took their responsibility. He added that the business of Android Mobiles and the huge profits of the agencies like Paytm, Jio Money, Reliance Money etc were associated with cashless transactions. Concluding his speech Sri Samajpati said no common men; rather big businessmen, capitalists, industrialists and corporate houses begot black money. In course of serving the interest of those big businessmen, capitalists, industrialists and corporate houses Bharatiya Janata Party was unable to take hard measures against them.

Robin Samajpati addressing 

Addressing the convention Prof. Vinay Kumar Kanth, Educationist and former Professor, Patna University said that demonetization was the open war against people. It was the move for ruination the common people. Referring the recent statement of the President of India, he said it would bring recession in the economy. “Farmers were hit hard. Thousands of workers and employees were retrenched and the whole economy was badly affected,” Prof. Kanth added. He further added that there was a danger looming large in the freedom of expression. Criticism and opposition of any move of the government was being termed as anti-national, as traitor. Country was running by a single person. It was a serious matter of concern.

Prof Vinay Kumar Kanth addressing 

Prof. Daisy Narain, State President, PUCL and Professor of History in Patna University said in her address, “We should have full right on the money earned hard by ourselves. But the PM snatched our right on our own money. We had been deprived to withdraw sufficient money from our savings. This is direct attack on our human right.” Prof. Narain added that talking of cashless economy in such a country whose 40 per cent of population could not use internet and 30 per cent of its population did not use smart phones was meaningless. She added that there was no such a country in the world whose full flagged economy was cashless.

Arun Shadwal addessing 

Addressing the convention Mr. Arun Shadwal , Senior leader, Indian Bank officers Association cum Literateur said that Modi government had taken the decision of demonetization in order to save governmental and private banks from bankruptcy due to more and more defaulters (big industrialist and corporate houses) and to provide fresh loans at very low interests to corporate sectors. Terming the tall claim of PM to recover all black money within 50 days as baseless and asked where black money was after deposited 97 per cent of notes of Rs. 500 and Rs. 1000 in banks. He added that black money was not in the houses of the people; rather it was invested in real estate, share market and juwelary. Disclosing the fact that 94 per cent of black money was in foreign banks, he said further that government was silent regarding it. “The introduction of cashless economy in such a country, whose 80 per cent of population even did not earn Rs. 20 daily, is a satire to illiterate, oppressed and deprived masses of the country” he added.

A portion of the gathering 

Social worker Arshad Azmal said that Modi government invalidated the notes of Rs. 500 and Rs. 1000 saying those notes were augmenting black money. But contradicting their own logic the government introduced currency note of Rs. 2000 which would augment more and more black money, according to their own logic. Referring the earlier demonetization in 1946 and in 1978 he said that it did not unearthed black money and wipe out corruption.

Sadhana Mishra addressing 

Presiding over the convention Sadhana Mishra, Secretary, SUCI (C) Patna District Committee said that instead of taking stringent measures against the highest echelons of the capitalist system and recovering black money stashed away in banks overseas, that very step of the government was a cheap stunt designed to befool people, divert their grievances, reap electoral benefits and push common toiling people to immense hardship.

Street corner meeting at phulwari Sarif

Street corner meeting at Patna Junction Roundaboud 

 Among others Arun Kumar Singh, Secretary, Bihar State Committee, SUCI (C) was also present on the dais. All the speakers in a single voice urged the people to build up mighty movements against all anti people policies of Narendra Modi led central government including demonetization, black money, corruption and worsening condition of education and heath. Mass songs were also presented in the convention.