Kerala bandh on Monday over demonetisation
CPI(M) led LDF government in Kerala has called for a bandh on Monday to protest against centre's move of demonetisation and restriction of transactions in cooperative banks. The bandh call is part of the Kerala government's series of protests against centre from November 24 to 30. The bandh call was given after Prime Minister Modi refused to entertain an all party delegation from Kerala to discuss the issue.
Essential services as well as banks have been exempted from the bandh call that demands total shut down from dawn to dusk. He 12-hour shut down will see both ruling and opposition parties coming together to protest crisis in cooperative bank sector since demonetisation. The bandh is expected to hit transportation and businesses heavily.
The state demands that cooperative banks be allowed to transact with demonetised Rs 500 and Rs 1,000 notes. While LDF and UDF have supported the bandh, BJP is the state continues to oppose it calling it an attempt by the ruling and opposition parties to engage cooperative banks that are acting as money laundering centers in transaction.