Left parties to hold demo near Central govt offices

Chennai: The four Left parties including CPI (M) and CPI  announced that they would hold a demonstration in front of the Central government offices on November 28 against the miseries imposed on the people due to the withdrawal of the Rs 1,000 and Rs 500 notes. Left party ally VCK have extended its support for the demonstration against the Centre for imposing "economic emergency" by scrapping Rs 1,000 and Rs 500 notes.

As part of the Opposition parties in Parliament decision to observe November 28 as an All India Protest Day, leaders of CPI(M), CPI, CPI(ML) Liberation and SUCI met at the office of the Marxist party here and announced that they have resolved to protest against the BJP government for launching an attack on the common people, particularly marginalised, through the demonetisation drive.

"The Central government has embarked on this move without proper homework and preparations. The banks even after two weeks are reporting that only 10 per cent of the value of the withdrawn currency have reached them through the new notes. Crores of people in India are those being deprived to use any money for elementary exchanges required for their day to day life," the joint statement issued by the Left parties said.

Under these circumstances, the Left parties demand that the Central government permit the use of Rs 1,000 and Rs 500 notes for all legal and legitimate transactions till the declared date of December 30, 2016 or until alternative arrangements are put in place and the required quantity of new currency notes are available, it said, adding that the cooperative banks, the life line of rural financial activity, must be allowed to transact all banking activity.