LJP leader Chirag Paswan questions effectiveness of demonetisation

After Upendra Kushwaha’s exit earlier this month, another NDA ally, Lok Janshakti Party (LJP) seems to be at loggerheads with the Bharatiya Janata Party (BJP). The LJP leader Chirag Paswan has questioned advantages of the Modi government’s demonetisation move in 2016.

In a letter addressed to Finance Minister Arun Jaitley, the party has questioned effectiveness of the demonetisation move, according to party sources.

In the past also several political parties and economists have raised questions over the legitimacy and advantages of demonetisation, the notes ban, which was implemented by the Modi government on November 8, 2016.

Incidentally, the LJP has gone public over unease with the BJP over the delay in seat sharing with NDA in Bihar. Chirag Paswan, in his recent tweets, had asked BJP to assuage coalition partners on seat sharing formula in Bihar ahead of ensuing general elections.

Interestingly, a day after the party shot off letter to the Finance Minister, BJP chief Amit Shah, Finance Minister Arun Jaitley and BJP Bihar in-charge Bhupendra Yadav held a meeting with the party chief Ram Vilas Paswan and his son Chirag Paswan in New Delhi on Thursday evening.

In the meeting, according to sources, the LJP leaders signalled their resentment with the BJP over a seat-sharing pact in Bihar for the forthcoming general elections which are due by May.