Demonetisation was financial attack on traders, says Rahul Gandhi

Congress leader Rahul Gandhi on Thursday attacked Prime Minister Narendra Modi on demonetisation of old Rs 1,000 and Rs 500 notes, alleging that it was a financial attack on traders which affected their cash flow and destroyed their businesses.

Gandhi alleged that Prime Minister Narendra Modi knew the consequences of the demonetisation on the small and medium businesses.

The Congress leader was addressing a massive gathering at Chalakudy in the district as part of Bharat Jodo Yatra, which entered Thrissur district. Today's march was attended by senior Congress leader and Rajasthan Chief Minister Ashok Ghelot among others.

The BJP-led Central government had on November 8, 2016, demonetised 500 and 1,000 rupee notes and asked holders of such notes to deposit in bank accounts by December 30, 2016.

Gandhi said many people think demonetisation was a mistake made by the Prime Minister and that he didn't really understand its consequences.

"Brothers and sisters, this is not true. The Pri