The Congress on Monday termed the demonitisation policy a "mere note-change" policy while noting that the new notes introduced by the government have "no new security features".
"If the earlier Rs 500 and Rs 1,000 notes will be replaced by new Rs 500/Rs 1,000/Rs 2,000 notes, how is it demonetisation? Is not a mere note change policy?" said Congress spokesperson Randeep Singh Surjewala.
"New notes have no new security features. There is no new water mark or security thread or fibre or latent image. Under these circumstances, how are these notes more secure than the previous withdrawn currency?
"Can mere change of colour or size of notes make them more secure?" he asked.
Surjewala also attacked Prime Minister Narendra Modi for mockinng people in their misery.
"The Prime Minister mocks the entire nation, but he must realize the arrogance of power shouldn't surpass the problem faced by people. The Prime Minister cannot mock Indians facing insurmountable difficulties nor can use his traditional 'jumlas' to deflect the truth," he said.
The Congress also posed a few questions to the government, including why were income tax and other departments of the government "spreading 'tax terrorism' on to honest traders, shop keepers and small businessmen?" and how circulation of the higher denomination Rs 2,000 note prevent black money and its hoarding.
--IANS
sid/vd
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)