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SHILLONG: Chief Minister Mukul Sangma continued his scathing attack on the Narendra Modi government for its decision to demonetise Rs 500 and Rs 1,000 currency notes and its implementation by saying the move would open up more avenues for corruption.
Speaking to media persons here after the cabinet meeting, Sangma said there has been several strictures from the Supreme Court and the High Court as people have been subjected to agony and inconveniences.
“Every decision, if good for the country, is always welcome but one has to know the art of doing things,” he said and added the decision that leads to chaos and even causes loss of life “is unacceptable”.
Sangma said the Centre’s move was “incompetent and shows complete bankruptcy of ideas”.
Talking about the problems of demonetisation, Sangma pointed out lack of financial inclusiveness and said many housewives keep savings away from their husbands “as some of them have vices”.
“The sudden exercise did create several problems for them. In fact, now more corruption is taking place,” he said and added that 86 percent of notes circulated are in the higher denominations and there is a parallel circulation of fake currency. “One lady in Tura recently received three fake notes last week,” he said.
He also raised concerns about the security mechanism in using mobile applications like Paytm.
He also questioned if all the literates in the country would be able to understand the language of mobile and computer and instead they would be vulnerable to manipulations.
Sangma saw bigger challenges for the future and larger exploitation due to demonetisation.