RBI to announce facility for NRIs to exchange old notes
The Reserve Bank of India (RBI) on Saturday said that it will introduce a facility for exchange of old specified…
Punjab Congress president Captain Amarinder Singh on Wednesday demanded a review, with at least some sort of rollback, of the demonetisation scheme, terming its implementation a total fiasco and seeking the intervention of the Chief Justice of India and of the Punjab and Haryana High Court in the matter.
In a letter to the chief justices, captain requested them to treat his communication as a public interest petition and intervene in what he termed a clear violation of the people’s fundamental rights.
Expressing concern over the violence triggered by demonetisation, coupled with deaths, suicides and other tragic losses, in various parts of the country, captain, during a media interaction here, called upon the government to look at some alternate solution to demonetisation.
In any case, it was not achieving its objective of curbing black money, said captain, pointing out that huge sums of money in new currency were being recovered from individuals while the common people were unable to get even the bare minimum needed to survive.
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