Reckless demonetization and lavish expenditure on new Parliament symbolize ego-drive: Raja Warring.
In a powerful show of support, small meetings for Congress’ Lok Sabha candidate Amarinder Singh Raja Warring transformed into massive rallies across Ludhiana West, Ludhiana South, and Atam Nagar as people came out in large numbers to back him. Enthusiastic supporters gathered to hear Warring’s compelling message against the current government’s policies and to rally behind his vision for a prosperous India.
Warring vehemently criticized demonetization, asserting, “The sole aim of this policy was to immortalize Modi’s name.” He condemned the move as a monumental mistake, highlighting that on November 8, 2016, 86% of India’s currency was rendered worthless under the pretense of eradicating black money and counterfeit notes. This decision, he argued, caused widespread upheaval across the nation’s social, political, and economic landscape.
Warring highlighted the shortcomings of demonetization in a single statement: “Demonetization utterly failed to curb black money, as 99% of the withdrawn 500 and 1000 rupee notes were returned, according to the RBI. It didn’t reduce terror attacks, which actually increased afterward. Instead, it inflicted significant damage on the cash-based informal economy, resulting in a loss of 3 lakh crore rupees in national income.”
Raja Warring criticized the expenditure of over Rs. 20,000 crore on the new Parliament building, arguing that it reflects Prime Minister Modi’s desire to leave a personal legacy rather than addressing pressing national issues. He contends that the funds could have been better spent on critical areas like healthcare, education, and poverty alleviation.
Warring underscored the profound repercussions on small and medium enterprises, stating, “The majority of micro-industry workers relocated to their hometowns. From the bicycle sector in Ludhiana to the brass industry in Moradabad and the diamond trade in Surat, demonetization inflicted severe blows. Many SMEs closed down due to cash shortages for wages. Furthermore, GST exacerbated their woes. The Modi administration appears to have systematically disadvantaged SMEs, favouring select businessmen.”
Warring also addressed the broader failures of the BJP and AAP in addressing critical issues facing Punjab, including unemployment, corruption, the farm crisis, law and order, inflation, education, economic health, and healthcare.
Concluding, Raja Warring said, “The catastrophic policies of the Modi government have not just disrupted our economy but have also eroded the trust of millions. We need leadership that values progress over propaganda, and I urge the people to choose wisely in the upcoming elections.”