New Delhi: While the Opposition continues to hit out at the Centre over its demonetisation move to crack down on black money and corruption, the Uttar Pradesh Chief Minister Akhilesh Yadav on Tuesday while speaking on demonetisation said the government had not thought out the demonetisation move thoroughly.
Mentioning that Samajwadi Party (SP) are against black money, Akhilesh said, “Governments which give pain, get removed by the people. This government (BJP led government) has given pain and problems to the people.”
Since the Bharatiya Janata Party (BJP) led government banned two big value currency notes of Rs 500/1000, the Opposition including Aam Aadmi Party (AAP), Trinamool Congress (TMC), Bahujan Samaj Party (BSP) have asked the government to roll it back as it is causing a lot of inconvenience to the common man.
In a surprise move, Prime Minister Narendra Modi in his address to the nation on Tuesday had announced that in order to put a menace and crackdown on black money, the government will demonetise Rs 500 and Rs 1,000 currency notes and they will be replaced by new Rs 500 and Rs 2,0000 notes which will be available in the ATMs from November 11.
However, PM also said that there was no need to panic as people will be able to deposit or exchange banned notes through Banks, Post Offices between November 10 and December 30.
But after the move by the government, people are standing in long queues waiting outside banks, ATMs, Post Offices to deposit, exchange the demonetised currency and facing inconvenience due to shortage of supply of the new currency.
First Published | 15 November 2016 12:02 PM