The Congress on Friday slammed Prime Minister Narendra Modi over the Reserve Bank of India’s decision to withdraw Rs 2,000 denomination banknotes from circulation.
“Typical of our self-styled Vishwaguru. First Act, Second Think (FAST). Rs 2,000 notes introduced with such fanfare after that singularly disastrous ‘Tughlaqi’ firman of November 8, 2016 are now being withdrawn,” said Congress general secretary in-charge Communications Jairam Ramesh said in a tweet, in a veiled attack on the PM.
The RBI in a statement on Friday announced that it has decided to withdraw Rs 2000 denomination banknotes from circulation in line with its “Clean Note Policy”.
The RBI, however, said, “To complete the exercise in a time-bound manner and to provide adequate time to the members of public, all banks shall provide deposit and/or exchange facility for Rs 2000 banknotes until September 30, 2023.”
