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Demonetisation has brought 'economic anarchy': Maha Cong

Press Trust of India  |  Mumbai 

The unit of today slammed the Centre's move, saying it has brought "economic anarchy".

The party today observed the Constitution Day by paying homage to Babasaheb Ambedkar here.

"Curbs are put on common man from withdrawing his own money from banks. The economy has virtually collapsed and the move has brought economic anarchy," former member and economist Bhalchandra Mungekar said at a function in Tilak Bhavan in Central

The party leaders offered floral tributes to Ambedkar and martyrs and victims of the 26/11 terror attacks.

Mungekar alleged that under the rule there have been attacks on the basic fundamentals enshrined in the Constitution.

On November 8, Prime Minister Modi had announced his government's decision to demonetise Rs 1,000 and Rs 500 notes.

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

First Published: Sat, November 26 2016. 22:02 IST