RBI’s move to withdraw Rs 2000 notes: AIMIM chief Asaduddin Owaisi on Saturday questioned the Reserve Bank of India’s move to withdraw Rs 2,000 foreign money notes from circulation. On Friday, the RBI notified that banks will trade the Rs 2,000 notes until September 30 and other people holding notes past the desired date won’t invite authorized motion.
The Opposition hit out on the Centre over the RBI’s move. While senior Congress chief P Chidambaram mentioned the Rs 2,000 observe was a “band-aid” to cowl up the “foolish decision” of demonetising Rs 500 and Rs 1,000 notes, Mamata Banerjee known as it “billion dollar ‘dhoka’ (fraud) to a billion Indians”.
Owaisi too on Saturday posed 5 questions for Prime Minister Narendra Modi over RBI’s determination. In a tweet he mentioned, “Five questions to Top Economist PM Modi: @PMOIndia – Why did you introduce the 2000 observe within the first place? Can we anticipate 500 observe to be withdrawn quickly? 70 crore Indians do not have a smartphone, how do they do the digital cost? What is the position of Bill Gates-owned Better Than Cash Alliance in making you do Demo 1.0 and a pair of.0? Is NPCI being hacked by Chinese hackers? If so, what’s going to occur to funds when conflict occurs?
The RBI didn’t say what can be the standing of Rs 2,000 notes in personal fingers after September 30. Earlier, the federal government had made it an offence to maintain the demonetised Rs 500 and 1,000 notes after the expiry of the deposit deadlines. Unlike the November 2016 shock demonetisation when previous Rs 500 and Rs 1,000 notes had been invalidated in a single day, the Rs 2,000 notes will proceed to be authorized tender until September 30, the RBI mentioned earlier within the day.
