Common between two uncommon political leaders in Uttar Pradesh

Two arch rivals in Uttar Pradesh, Mulayam Singh Yadav and Mayawati, are united on issue: demonetisation. The Narendra Modi government's plan to scrap high denomination notes have been disliked by both. Another common factor: both called press conference at the same day and at the same city.

Published on: 10 Nov 2016 10:11 AM GMT

Common between two uncommon political leaders in Uttar Pradesh

Lucknow: Two arch rivals in Uttar Pradesh, Mulayam Singh Yadav and Mayawati, are united on one issue: demonetisation. The Narendra Modi government's plan to scrap high denomination notes have been disliked by both. Another common factor: both called press conference at the same day and in the same city.

One more common feature: both called the post-demonetisation situation financial emergency-like. " By announcing demonetisation he has declared financial emergency in the country" was the high point of both the leaders at their respective press conferences.

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Mulayam has gone a step further and announced that the issue will be taken up during the winter session of parliament beginning next week. Although many in non-political fields have described it as " master-stroke", the two political heavyweights have hated the suddenness of the announcement.

Both were in favour of time given to people before implementing the decision, contrary to general belief that if a time was given most of the black-money holders would have made the black-money white. Their common refrain was that the decision has hit poor villagers hard.

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To Mayawati, the government has made this move to help his " friends in business". She also believes that they were told in advance about the decision though the government claims that only a few trusted people were privy to the move.

Expectedly, the ruling party leaders have condemned them for "misinforming and misguiding" journalists. Even most of the villagers have bank account and the banks were closed for only a day after the announcement. As many as 21 crore people have accounts in the country. So, at the worst people who had no small denomination notes have suffered for a day." some sacrifices have to be made to achieve a bigger goal", the Prime Minister has himself said.

Union Water Resource development minister Uma Bharti had a dig at Mayawati and said " she is opposed to the move because she is finding it difficult to use her unaccounted wealth".

ALSO READ: Demonetisation step is undeclared financial emergency, alleges Mayawati

demonetisation financial emergency latest political news Mayawati Mulayam Singh Yadav Narendra Modi Top political news Uttar Pradesh

Sakshi Chaturvedi

A journalist, presently working as a Sub-Editor at newstrack.com.

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