“Typical of our self-styled Vishwaguru. First Act, Second Think (FAST). 2000 rupee notes introduced with such fanfare after that singularly disastrous ‘Tughlaqi firman‘ of Nov 8 2016 are now being withdrawn,” Congress general secretary Jairam Ramesh said on Twitter, targeting the prime minister.
Congress MP Manickam Tagore tweeted, “Second Demo disaster starts .. M = Madness.”
The Reserve Bank of India on Friday announced withdrawal of Rs 2,000 currency notes from circulation, and existing notes in circulation can either be deposited in bank accounts or exchanged by September 30.
The Rs 2,000 denomination bank note was introduced in November 2016, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all Rs 500 and Rs 1,000 bank notes that were in circulation at that time.