Demonetisation has shaken up the economy: Mamata Banerjee

West Bengal Chief Minister Mamata Banerjee on Wednesday said the government announced demonetisation at a time when the economy was growing at a steady pace.

New Delhi, Nov 23: West Bengal Chief Minister Mamata Banerjee on Wednesday said the government announced demonetisation at a time when the economy was growing at a steady pace. This announcement has shaken up the economy she added.

Stepping up the attack on the Union Government for scrapping Rs.500 and Rs.1,000 notes, Mamata said most industries had come to a standstill and the labour class are not getting their daily wages.

"This protest is not about elections, the government should understand that whatever they did is affecting normal people," she said at a protest rally in Delhi's Jantar Mantar.

She further dared BJP that even their party workers would abandon them over this decision.

Mamata described demonetisation initiative as a "feudal system", where poor are snatched off their earnings.

Meanwhile, the Opposition parties have now decided to launch a nation-wide protest on November 28 over the demonetisation issue.

The Congress-led opposition, including TMC and JD (U), have termed this nation-wide protest as "Aakrosh Diwas".

Earlier this month, the government demonetised currency notes of Rs 500 and Rs 1,000, replacing them with new Rs 500 and Rs 2,000 bills in an effort to root out black money and terror funding. The decision has had a severe impact on the lives of the people as massive cash crunch hit the entire nation.

Oneindia News