Let apex court prevail

People had taken for granted that govt/RBI would allow the exchange of banned notes till March 31

Image
Business Standard
1 min read Last Updated : Oct 07 2019 | 9:54 AM IST
The Supreme Court wants the government to allow the public to exchange banned Rs 500 and Rs 1,000 notes one more time. There are a significant number of citizens who could not or did not exchange the banned notes before December 30, 2016. 

The apex court has criticised the government for not allowing the exchange of notes till March 31, 2017, as was declared by Prime Minister Narendra Modi in his address to the nation on November 8, 2016. People had taken for granted that the government and/or the Reserve Bank of India would allow the exchange of banned notes till March 31. 

It is unbecoming of a government to eat its own words. May the Supreme Court prevail upon the government to allow the exchange of the scrapped notes and bring cheer to citizens.

Ramanath Nakhate, Mumbai
 
Letters can be mailed, faxed or e-mailed to: 
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg 
New Delhi 110 002 
Fax: (011) 23720201  ·  E-mail: letters@bsmail.in
All letters must have a postal address and telephone number

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

Topics :DemonetisationNote ban

Next Story