Archive · 8 Nov 2025
Arunachal Congress Leader Slams 2016 Demonetisation as 'Policy Failure'
Imagine the government took away old money and replaced it with new money, like swapping out old toys for new ones.
Some people, like the leader of the Congress party in Arunachal Pradesh, thought this was a bad idea.
He said it was like a big mistake that made things hard for many people.
He wants everyone to remember this day as a 'Black Day' because he believes it hurt people's jobs and money.
He also wants people to promise to protect the economy and make sure leaders are accountable.
Arunachal Pradesh Congress Committee president Bosiram Siram called the 2016 demonetisation a misguided and destructive economic decision.
Siram stated that the demonetisation caused profound economic disruption and widespread hardship.
He urged people to observe November 8 as 'Black Day'.
The 'Black Day' observance is in memory of those whose lives and livelihoods were destroyed by the policy.
The call also aims to reaffirm commitment towards protecting economic stability and democratic accountability.
- Who
- Arunachal Pradesh Congress Committee president Bosiram Siram
- What
- Termed the 2016 demonetisation as a misguided, destructive, and policy failure that caused economic disruption and hardship.
- When
- November 8 (Saturday, referring to the anniversary of the 2016 demonetisation)
- Where
- Arunachal Pradesh
- Why
- To mark the anniversary of demonetisation, calling for observance as 'Black Day' to remember those affected and reaffirm commitment to economic stability and democratic accountability.
- Event
- Demonetisation in 2016
- Date of Statement
- Saturday, November 8
- Arunachal Pradesh Congress Committee President
- Bosiram Siram