Opposition to chalk out strategy to end logjam over demonetization

Leaders of the opposition parties will today meet in the Parliament to chalk out strategy on the government's offer to end the ongoing logjam over demonetisation.

In an attempt to break the deadlock in Parliament over the demonetisation, Parliamentary Affairs Minister Ananth Kumar has reached out to the opposition parties.

However, there is no official confirmation about the participation of the opposition party leaders in the discussion on the matter.

As the government attempts to find a truce with a united opposition, which has disrupted both the Houses of Parliament since the beginning of the Winter Session, Prime Minister Narendra Modi will today attend the Rajya Sabha and is likely to participate in the discussion on demonetisation.

Since the first day of the ongoing Winter Session, the opposition leaders are calling for the Prime Minister to speak on the issue.

Even though most of them support the government's move on fight against black money, they are protesting against the way it was implemented as even after third week of the announcement on November 8, long queues can be seen outside ATMs and banks, with people looking to either exchange or deposit old notes.

Rejecting the demand of opposition parties to roll back the decision on demonetisation, Union Minister M. Venkaiah Naidu yesterday said the nation has supported the government's step to unearth black money and added that the decision has been taken keeping in view of the welfare of the farmers and the marginalised sections of society.

He said that the Prime Minister Modi took a bold decision to curb black money by invalidating the currency notes of 500 and 1,000 denominations.