राजनीति

₹2000 currency note ban: 'That's why PM should be educated', Delhi CM targets PM Modi

Condemning the centre for latest announcement of withdrawal of ₹2000 currency notes from circulation, Delhi Chief Minister Arvind Kejriwal said, “that is why the PM needs to be educated".

Delhi Chief Minister's jibe at the PM came after the Reserve Bank of India announced the withdrawal of from circulation on Friday.

AAP leader Arvind Kejriwal on Friday said that first the government brings 2000 notes with a claim to stop corruption, now it is banning 2000 notes by “saying corruption will end". He also said that “anyone can say anything to an illiterate PM. He doesn’t understand."

“First they said that by bringing 2000 notes, corruption will stop. Now they are saying that by banning 2000 notes, corruption will end. That's why we say, PM should be educated. Anyone can say anything to an illiterate PM. He doesn't understand. The public has to suffer," Kejriwal tweeted in Hindi.

In 2016, Prime Minister Narendra Modi announced the demonetisation of ₹500 and ₹1000 currency notes. During that time, ₹2000 currency notes were released in circulation to meet the supply crunch of ₹500 and ₹1000 currency notes in circulation. It has been six years after introducing the ₹2,000 currency notes from circulation. People have the time to exchange their ₹2,000 currency notes at banks till September 30. The Indian Central Bank has announced that the currency will continue to be a legal tender till .

As of now, RBI hasn't specified a limit for depositing the ₹2,000 denomination currency in bank accounts. However, it has set a limit of exchange of notes at a single time. It is allowed to exchange a maximum amount of ₹20,000, equal to 10 notes of ₹2,000, at banks at a time.

"Typical of our self-styled Vishwaguru. First Act, Second Think (FAST). 2,000 rupee notes introduced with such fanfare after that singularly disastrous 'Tughlaqi firman' of Nov 8 2016 are now being withdrawn," Congress general secretary Jairam Ramesh said.

CPI(M) general secretary Sitaram Yechury also criticised the BJP government for the move. He said that the move "virtually reverses the 2016 demonetisation, grandly announced by Modi as the answer to India’s problems of black money, corruption, terrorist funding, and promoting digital economy".

In his twitter post, he wrote, “Modi made DeMon disaster criminally cripple crores of livelihoods claimed hundreds of lives." He also blamed the move to destroy the informal economy and MSMEs that contribute most to employment generation and GDP growth.

Ahead of the general assembly election, PM Modi's move to demonetise the ₹2,000 currency notes has given opposition parties another reason to target PM Modi and his government.