Modi govt’s bold note-ban decision unmasked urban naxals: BJP think tank

Vastavam web: Ahead of polls in BJP-ruled Chhattisgarh, the party’s think-tank released a study Wednesday, claiming the Modi government’s “bold decision” of note-ban broke the “backbone of left wing extremists” in the state and “unmasked urban naxals”. Elections in Chhattisgarh will be held in two phases on November 12 and November 20.

The Public Policy Research Centre (PPRC) in its research study titled ‘Demonetisation: Impact on combating naxalism’ said, “The Prime Minister Narendra Modi government’s demonetisation decision broke the backbone of the left wing extremists.” Releasing the study BJP’s vice-president and PPRC’s director Vinay Sahasrabuddhe said as per the study, there was a 55 per cent rise in naxal arrests and surrenders in 2017 after demonetisation, compared to 2015.

On November 8, 2016, the Prime Minister Modi had announced the demonetisation of all Rs 500 and Rs 1000 banknotes and also announced the issuance of new Rs 500 and Rs 2000 banknotes in exchange for the scrapped banknotes. “A political will was always required to resolve the problem of naxalism by nullifying it and not utilising it, which was shown by the Narendra Modi government.

The BJP governments at the Centre and in Chhattisgarh incentivised the mainstreaming of naxals. There is no premium on being rebellious, he said. The think-tank in its study described demonetisation as a “bold step which broke the back bone of left wing extremists by curbing its finance.” “Inputs received from naxals leaders as well as police officials give enough evidence to state that demonetisation choked the financial reserves of naxalities,” it said, adding that due to cash crunch they were not able to implement their strategies to ambush security forces. “Demonetisation unmasked urban naxals”, the PPRC said, adding various organisations, which were also recently in news, were used by naxals post-demonetisation to launder invalidated currency.