New Delhi: As the Bharatiya Janata Party (BJP) led government announced the ban on Rs 500 and Rs 1,000 notes from midnight of November 8, Congress Party questioned the feasibility about the unforeseen decision.
“Is the banking system in our country ready to tackle such situation? Government has to answer many questions,” said Congress spokesperson RS Surjewala.
Questioning on ATM withdrawals that will be restricted to Rs 2,000 per day till November 11, he said it would be a cumbersome burden on the people of the nation by putting a limit on how much money can be withdrawn.
“What happens to those who are going to buy necessary articles for marriages including jewellery, and clothes?” asked Surjewala.
He also questioned the introduction of Rs 2,000 notes and in place of Rs 1,000 by Prime Minister Narendra Modi as a measure to curb black money.
“While Modi ji withdraws Rs 1,000 note on one side, he introduces Rs 2000 note on the other side? Does it not defeat his own argument?” he asked.