Rs 2,000 notes to be withdrawn: ‘Typical of our self-styled Vishwaguru’ – Congress takes jibe at Modi govt
The Congress on Friday took a jibe at the Modi government over the Reserve Bank of India’s announcement that it would withdraw Rs 2,000 notes by September 30, 2023, saying it was ‘typical of our self-styled Vishwaguru’.
Congress leader Jairam Ramesh tweeted, “Typical of our self-styled Vishwaguru. First act, second thought (FAST). Rs 2000 notes introduced with such fanfare after the disastrous Tughlaqi decree of 8 November 2016 are now being withdrawn. “
“The ghost of 8th November 2016 is back to haunt the nation once again. The much publicized move of demonetisation has turned out to be a big disaster for this nation. Today, when the PM preached to the nation on the benefits of the new Rs 2000 notes Printing has stopped what happened to all those promises? The government should explain its motive for such a move. The government will continue with its anti-people and anti-poor agenda. Hope the media blames the government for such a drastic step Will question India and not hold it responsible for the ‘chip shortage’ in the world, tweeted Congress leader Pawan Khera.
In a surprise move, the Reserve Bank of India (RBI) on Friday said it will withdraw Rs 2,000 notes from circulation. But, this note will remain legal tender. Exchange them by September 30, 2023, said RBI. The facility of exchange of Rs 2,000 banknotes up to a limit of Rs 20,000 at a time will be provided at 19 Regional Offices (ROs) of RBI from May 23.
RBI advised banks to stop issuing banknotes of Rs 2,000 denomination with immediate effect.
The Reserve Bank of India on Friday announced the withdrawal of Rs 2,000 notes from circulation, and the existing notes in circulation can either be deposited in bank accounts or exchanged till September 30.
what rbi said
In order to ensure operational convenience and avoid disruption of regular activities of bank branches, RBI said that conversion of Rs 2,000 bank notes into other denominations can be done at any bank to the extent of Rs 20,000 at a time. Could May 23, 2023.
RBI has advised banks to stop issuing Rs 2,000 notes with immediate effect. Rs 2000 notes were issued by the RBI on 8 November 2016 after the demonetisation of Rs 500 and Rs 1000 notes. It was in vogue from 10 November 2016.
Also read – RBI to withdraw Rs 2,000 note from circulation but it will remain legal tender