Demonetisation: PM has shown people another way of corruption, says Khurshid

Criticising the Centre's move to demonetise high-denomination notes of Rs. 500 and Rs. 1000, Congress leader and former finance minister Salman Khurshid said Prime Minister Narendra Modi has shown another way of corruption via demonetisation.

"His own people are telling who was caught where in corruption, which bank manager got caught where. Has the Prime Minister not shown another way of corruption," asked Khurshid.

Hinting at various raids conducted by the Income tax department all across India, seizing new currency notes, Khurshid opined that the corruption has increased even more since the move to demonetise was announced.

"Has corruption stopped or increased," he asked.

Meanwhile, Prime Minister Narendra Modi today said Indira Gandhi rejected suggestions for demonetisation in 1971, adding she wanted to win elections, but that resulted in poor economic condition in the country.

Alleging that Indira Gandhi sold out India by ignoring advice to demonetise, Prime Minister Modi said, "She told her finance minister Y.B. Chavan: are no more elections to be fought by Congress?"

Stressing that the implementation of demonetisation policy was required in 1971, but it was implemented now, the Prime Minister, hitting out at the opposition at the BJP Parliamentary Party meet, said, "For the Congress, party is bigger than nation; but for us, the nation is above the party.