New Delhi: West Bengal Chief Minister Mamata Banerjee on Saturday attacked the Centre over the withdrawal of Rs 2,000 foreign money notes from circulation and referred to as it the ‘Tughlaqi demonetisation drama’. Taking to her official Twitter account, the Trinamool Congress (TMC) supremo mentioned that such ‘imperious measures’ are supposed to ‘camouflage the essentially anti-people and crony capitalist nature of this regime’.
“Another whimsical & Tughlaqi demonetisation drama of Rs. 2000 notes will hit the common people hard once again by subjecting them to massive harassment,” Mamata Banerjee tweeted.
She added that ‘such misadventures’ by an ‘oligarchic and authoritarian’ authorities won’t be forgotten by the folks at massive on the time of reckoning.
Another whimsical & Tughlaqi demonetisation drama of Rs.2000 notes will hit the widespread folks onerous as soon as once more by subjecting them to large harassment. These imperious measures are supposed to camouflage the essentially anti-people & crony capitalist nature of this regime. Such…
— Mamata Banerjee (@MamataOfficial) May 20, 2023
In a shock transfer, the Reserve Bank of India (RBI) on Friday introduced the withdrawal of Rs 2,000 foreign money notes from circulation however gave the general public time until September 30 to both deposit Rs 2,000 foreign money notes in accounts or trade them at banks. It mentioned it had requested banks to cease issuing Rs 2,000 notes with instant impact.
The RBI mentioned it has additionally been noticed that the Rs 2,000 denomination be aware just isn’t generally used for transactions. Further, the inventory of banknotes in different denominations continues to be enough to satisfy the foreign money requirement of the general public.
“In view of the above, and in pursuance of the ‘Clean Note Policy’ of the Reserve Bank of India, it has been decided to withdraw the Rs 2,000 denomination bank notes from circulation,” it mentioned.
The Rs 2,000 denomination banknote was launched in November 2016, primarily to satisfy the foreign money requirement of the financial system in an expeditious method after the withdrawal of authorized tender standing of all Rs 500 and Rs 1,000 banknotes in circulation at the moment.
Congress slams RBI’s Rs 2,000 be aware withdrawal, BJP hits again
Congress additionally slammed the Centre over the withdrawal of Rs 2,000 foreign money notes from circulation and questioned if this was the second ‘notebandi’ train. Congress president Mallikarjun Kharge referred to as for an neutral probe into the whole episode.
In a tweet in Hindi, he mentioned, “You inflicted a deep wound on the financial system with the primary demonetisation. Due to this, the whole unorganised sector was destroyed, MSMEs had been closed down and crores of jobs had been misplaced.
He added that solely an ‘unbiased investigation’ will reveal the reality of the matter.
The Bharatiya Janata Party (BJP) rejected this was any kind of demonetisation and as a substitute reminded Congress that even in the course of the rule of Manmohan Singh, previous foreign money notes had been taken off circulation.
At a press convention in Patna, senior BJP chief Ravi Shankar Prasad when requested in regards to the transfer mentioned, “The RBI has put out a detailed communication clearly explaining how the use of these high denomination notes was dwindling. We would like to remind our Congress friends that even during the rule of Manmohan Singh, old currency notes used to be taken off circulation. Hence they (Congress) must not call it notebandi.”
He added that if these notes had been in use for laundering cash, scrapping these will hit such networks.
