Lashing out at Narendra Modi government for scrapping Rs 1000 and 500 notes, CPI(M) Bengal unit secretary Surya Kanta Mishra today accused BJP of "replacing governance into a circus in the country."
Mishra said demonetization of Rs 500 and Rs 1000 notes is just a gimmick ahead of the Uttar Pradesh assembly polls.
"The announcement made by the prime minister about demonetization of Rs 500 and Rs 1000 notes is not going to yield any positive results as the days of stashing black money in secret places in homes are long gone. People now stash black money in tax havens abroad and invest it in real estate business," Mishra said.
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Taking the nation by surprise, the prime minister last night announced demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight, making the notes invalid in a major assault on black money, fake currency and corruption.
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