Kharge Criticizes Modi Over Escalating Bank Frauds and Demonetisation Debacle
Congress president Mallikarjun Kharge criticized PM Narendra Modi over increasing bank fraud under his government, highlighting a 416% rise in fraud cases over 11 years. Post-demonetisation, counterfeit Rs 500 notes surged by 291%. Congress's Jairam Ramesh termed the note-ban a disastrous economic move.
- Country:
- India
In a scathing attack on Prime Minister Narendra Modi, Congress president Mallikarjun Kharge highlighted the burgeoning issue of bank fraud cases under the government's watch, with a 416% rise totaling Rs 6,36,992 crore over 11 years.
Kharge criticized the Narendra Modi-led regime for rampant 'fraud and fakery,' drawing attention to the massive spike in fake Rs 500 notes by 291% even after the controversial demonetisation exercise.
Congress's general secretary Jairam Ramesh also lambasted the government's economic policies, calling the abrupt demonetisation of Rs 2,000 notes a 'wasteful exercise' that profoundly shocked the country's economy.
(With inputs from agencies.)
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