India

Country is under undeclared emergency: Yashwant Sinha

Country is under undeclared emergency: Yashwant Sinha

TIL Desk/National/Panaji/ Launching another attack on the Modi government, former finance minister Yashwant Sinha has said “tax terrorism” has become the “order of the day” under the current government and that the country was under an “undeclared emergency”.

He said the emergency imposed by the then prime minister Indira Gandhi of the Congress in 1975 was political in nature, contrary to the “current emergency” which is an undeclared one.

“When we were in the opposition, we used to accuse the then UPA (government) of being involved in a tax terrorism. We had promised that if voted to power we will finish it,” Mr Sinha said while addressing a group of intellectuals, on the topic ‘Indian economy and challenges before democracy’.

Mr Sinha had last month announced that he was severing all ties with the BJP and preparing to launch a nationwide campaign to save democracy. “After demonetization, there are 20 lakh cases filed seeking explanation about the money deposited with banks during that period,” Mr Sinha said. He said the GST (Goods and Services Tax) regime, introduced by the current government, has landed lakhs of traders into trouble.

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