Business Standard

NCP slams govt on Rs 2,000 notes withdrawal, says citizens being harassed

The Nationalist Congress Party on Friday slammed the Union government over the announcement by the Reserve Bank of India to withdraw Rs 2000 denomination currency notes from circulation.

Rupee, economy, inr, India

Press Trust of India Mumbai

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The Nationalist Congress Party on Friday slammed the Union government over the announcement by the Reserve Bank of India to withdraw Rs 2000 denomination currency notes from circulation.
The RBI announced withdrawal of Rs 2,000 currency notes from circulation and said existing notes in circulation can either be deposited in bank accounts or exchanged by September 30.
"What has the government achieved by introducing the Rs 2000 note and what is it going to now achieve by withdrawing these notes. Demonetisation was hailed as a big success. If that was the case, what is the reason for the withdrawal of Rs 2000 currency notes," asked NCP national spokesperson Clyde Crasto.
Several person lost their lives after demonetisation was announced in November, 2016 and the Union government must answer why citizens are being harassed with such decisions, he said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Topics : NCP RBI

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First Published: May 19 2023 | 9:51 PM IST

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