Lucknow. Samajwadi Party chief Akhilesh Yadav said that now the fight is not of 80-20 and not even of 20-80 but of 95-5 and when the fight will be of 95-5 then the people of Bharatiya Janata Party will not know where they have reached? That's why you might have noticed that language and behavior has also changed. I have heard that the government has a lot of information in the matter of corruption, but I have heard that some contract or lease worth seventeen and a half thousand crores has been signed.
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Demonetization became the reason for BJP's vote ban
Akhilesh Yadav said that demonetization was done to sink the banks in our country. There will be no such corrupt decision in the economic history of the world as the one taken by BJP. The truth is that this decision of BJP proved to be an ocean of corruption. If we look back, of all the ostensible targets set at the time of demonetisation, not a single one was achieved. What was the effect of demonetization? It acted as a slow poison. In last 10 years, farmers, labourers, middle class, professionals, working people, small shopkeepers and traders all became its victims and even now they have not been able to recover properly. Therefore demonetization became the reason for BJP's vote ban.
Press conference of Honorable National President Shri Akhilesh Yadav – 11/11/2026 https://t.co/OVySDRS9CF
— Samajwadi Party (@samajwadiparty) November 11, 2026
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Demonetization proved to be a curse for the banks, it corrupted the entire banking system.
Samajwadi Party chief Akhilesh Yadav said that BJP had taken a decision regarding banking reforms in 2014. The game of currency exchange that started under the guise of demonetization corrupted the entire banking system. The circulation of cash has increased by 70% compared to earlier. There is a long list of how much loss MSMEs and small traders have suffered. Even today banks are deducting money in the name of fine. BJP has created a system which has made banking more dangerous and worse than moneylenders. Demonetization proved to be a curse for banks. Banks were closed, merged, and even sold.
There should be a discussion on what was the economic situation in 1947 and what will happen in 2047?
On the vision of 'Developed India 2047', he says that the truth is that these people just keep raising the slogan of 'Developed India' till 2047. A wrong decision like demonetization has pushed India's economy back from where we were at the time of our independence in 1947. If they feel that these allegations are not true, then let's debate it. There should be a discussion on what was the economic situation in 1947 and what will happen in 2047, and how much they have pushed us back.