Criticising the NDA government’s move of demonetisation and the implementation of the Goods and Services Tax (GST), former Maharashtra Chief Minister Prithviraj Chavan called them as “attacks on the economy”.
While speaking to the reporters in Karad (his hometown in Satara district), he said “The government mistakenly assumed that currency in cash is black money. It is sometimes a provision for emergency situations but the government ignored this aspect and went ahead with note ban. Now, everybody knows the note ban has failed miserably.”
The BJP-led Union government also failed to build up a proper system required for the implementation and execution of the GST. Now it is affecting the economy, he added.
These two moves of the Modi government are “an attack on the nation’s economy,” former Maharashtra CM said.
“The government has completely ignored that black money could be in the form of real estate, jewellery items or even in some land purchases. It looks like the government completely ignored these areas and focused on scrapping high valued currency notes in circulation,” Chavan said.
(With PTI inputs)