Opposition targets PM Modi after banning Rs 2000 note: ‘Vishwaguru’s specialty…’

New Delhi: PM Narendra Modi-led Bharatiya Janata Party government on Friday faced sharp reaction from opposition parties after the Reserve Bank of India announced the withdrawal of Rs 2,000 notes from circulation. The Congress dubbed PM Narendra Modi as a “self-styled godman” who “works first and thinks later”. The Reserve Bank of India (RBI) made a surprise announcement on Friday that it will demonetise Rs 2,000 notes. However, the public can still deposit or exchange such notes in banks till September 30. The old party said demonetisation has come a full circle and said the Rs 2,000 note was a “band-aid” to cover up a “silly decision”. Demonetization of Rs 500 and Rs 1,000 notes.

Senior party leader P Chidambaram also criticized the government and the RBI for re-introducing the Rs 500 note after demonetisation and said he would not be surprised if they do the same with the Rs 1,000 note. Karnataka Chief Minister-designate Siddaramaiah called it a desperate attempt by the BJP to divert attention from its failures.

As expected, the government/RBI has withdrawn Rs 2000 notes and has given time till 30th September to exchange the notes.

The Rs 2000 note is hardly a popular medium of exchange. We said this in November 2016 and we have been proved right

The Rs 2000 note was a Band-Aid… – P Chidambaram (@PChidambaram_IN) May 19, 2023

Kejriwal said, ‘The public is the victim’

Delhi Chief Minister and Aam Aadmi Party’s National Convenor Arvind Kejriwal said on Twitter, ‘Earlier it was said that corruption will stop by bringing 2000 note. Now they are saying that by banning 2000 note, corruption will end. That’s why we say, PM should be educated. Anyone can say anything to the illiterate PM. he does not understand. The public has to suffer.

Said 2000 note will break even before it arrives. Now they are saying that by banning 2000 note, corruption will end.

That’s why we say, PM should be read. Anyone is speaking to an illiterate PM. He doesn’t understand. Tracing is public.

— Arvind Kejriwal (@ArvindKejriwal) May 19, 2023

Government realized its mistake too late: Akhilesh

Samajwadi Party chief Akhilesh Yadav indicated that the government realized its mistake too late and said governance requires prudence and probity, not arbitrariness. He wrote on Twitter, ‘Some people understand their mistake very late… The same happened in the case of 2000 / – note, but the people and the economy of the country have to bear the brunt of it. Governance does not work arbitrarily. It operates intelligently and honestly.”

Some people get late due to their own mistake… The same has happened in the case of 2000/- note but its punishment remains the people and economy of this country.

Governance does not run arbitrarily, intelligently and honestly. — Akhilesh Yadav (@yadavakhilesh) May 19, 2023

NCP asked the reason behind withdrawal of Rs 2000 note

National Congress Party (NCP) spokesperson Clyde Crasto questioned the rationale behind the introduction and withdrawal of the Rs 2,000 note and wondered what the government was going to do next.

Also read: Do you know: Printing of Rs 2000 note stopped 5 years ago?

“Many lives have been lost after demonetisation was announced in November 2016 and the central government should answer why citizens are being harassed by such decisions,” news agency PTI quoted Clyde as saying.

CPI demands white paper on country’s economy

CPI MP Binoy Viswam on Friday hit out at the government over the RBI’s announcement to withdraw Rs 2,000 notes from circulation and said a white paper should be brought out on the country’s economy to show the impact of demonetisation.