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Demonetisation biggest scam after Independence: HP Congress

Press Trust of India  |  Shimla 

Demonetisation was the biggest scam in the country after independence, alleged Friday.

The Congress's state unit Thursday had observed black day on

On November 8, 2016, had announced a ban on Rs 1,000 and Rs 500 notes with immediate effect.

BJP leaders converted their black money into white overnight after demonetisation was announced, he alleged at a public meeting in district.

The ruling BJP has, however, defended the note ban exercise with Thursday saying demonetisation resulted in formalisation of economy and increased tax base, with the government earmarking more resources for the poor and infrastructure development.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 09 2018. 20:50 IST