Will Modi apologise, Congress asks after RBI report

The Congress on Wednesday attacked the government over demonetisation, saying that a RBI report proved again that it was a "disaster of epic proportions" and asked if Prime Minister Narendra Modi will apologise for "lying" on the issue.

"The RBI report again proves that demonetisation was Modi-made disaster of epic proportions! 99.30 per cent of demonetised money returns! Modi, in his 2017 Independence Day speech, made tall claims of Rs 3 lakh crore coming back to the system! Modiji, will you apologise for that lie now?" Congress Communications Incharge Randeep Singh Surjewala tweeted.

The RBI announced on Wednesday that as per its report for 2017-18, on completion of the process of verification of scrapped Rs 500 and Rs 1,000 notes, it was found that Rs 15.31 lakh crore of the Rs 15.41 lakh crore -- or 99.3 per cent -- in demonetised currency in circulation at the time of demonetisation on November 8, 2016, had come back to the banking system.

--IANS

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