Notes Ban Is "One Man Made Disaster For India," Says MK Stalin

DMK President MK Stalin and PMK Founder S Ramadoss on Thursday criticised the centre for banning Rs 500 and Rs 1,000 rupee notes in 2016.

In a tweet, MK Stalin termed the demonetisation as "one man made disaster for India".

On November 8, 2016, Prime Minister Narendra Modi in a television broadcast announced demonetisation of Rs 500 and Rs 1,000 rupee notes.

In his tweet, Mr Stalin said: "People were brought on streets with their money declared illegal. Indians stood in endless lines and many died outside banks, millions of jobs were lost, small industries shut and the economy hit irreversibly."

People were brought on streets with their money declared illegal. Indians stood in endless lines & many died outside banks, millions of jobs were lost, small industries shut & the economy hit irreversibly. #DestructionByDemonetisation is a one man made disaster for India. pic.twitter.com/MVubuh6Cgt

- M.K.Stalin (@mkstalin) November 8, 2018

On the other hand, Mr Ramadoss said the day marks the second anniversary of not only banning Rs 500 and Rs 1,000 rupee notes but also of hurting the economy severely.