Note Ban Anniversary: Congress’ Protest Marches, TMC Observes ‘Black Day’

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Opposition Congress and the TMC plan protests on demonitization anniversary

New Delhi: The second anniversary of demonitization triggered a full blown Twitter war between the BJP and the Opposition parties on Thursday. While the Opposition described it as a "disaster" the BJP said, it was a "stringent action against corruption". The Congress has called for a nationwide protest on Friday and the Trinamool said it will observe a 'Black day' to mark two years of note ban. Former Prime Minister Dr Manmohan Singh in a statement said, "The havoc that it unleashed on the Indian economy and society is now evident to everyone. Notebandi impacted every single person, regardless of age, gender, religion, occupation or creed." Here are your top 10 points on second anniversary of demonitization

  1. The Congress party has called for a nationwide protest on Friday to mark two years of demonetization. Congress leaders across the country will take to the streets to protest what they call the Prime Minister's "Tughlaqi farmaan"
  2. Former Prime Minister Dr Manmohan Singh in a statement said, "It is often said that time is a great healer. But unfortunately, in the case of demonetization, the scars and wounds are only getting more visible with time."
  3. Congress spokesperson Manish Tewari said on Wednesday. The party demanded an apology from the Prime Minister for "ruining and wrecking the Indian economy".
  4. In Delhi, Congress workers will take out a candlelight vigil from Jantar Mantar to Reserve Bank of India (RBI) headquarters tomorrow and all state-level units have also been told to hold protests marches. Former finance minister P Chidambaram will be in Kolkata on Friday to address a meeting on "failed demonitisation."
  5. The party said none of the three objectives – curb black money, weed out fake notes and check terror funds – given by the Prime Minister have been achieved. Note ban only helped "few crony capitalist friends of PM Modi. Demonetisation was a black day for our democracy and our economy," the Congress said on Twitter.
  6. Union minister Piyush Goyal, took on the opposition on social media. "Two years ago 125 crore Indians under the leadership of PM Narendra Modi joined hands to take on the evil forces of corruption, black money and terrorism. We are making rapid progress towards New India," tweeted the minister.
  7. The Trinamool Congress Party, which has always been one of the strongest critics of demonitisation, said it will observe 'black day' to mark the second anniversary of note ban. "Today is the second anniversary of demonetization disaster. From the moment it was announced I said so. Renowned economists, common people and all experts now agree," tweeted party chief Mamata Banerjee. Calling demonetization a scam, she said, "The government cheated our nation…People will punish those who did this."
  8. CPM general secretary Sitaram Yechury said on Twitter, "Mr Modi and his minions claimed demonetization will end black money, finish corruption, terminate terrorism, and bring only digital transactions. Two years later, Mr Modi is silent. The truth is that he single-handedly destroyed the economy, lives and livelihoods."
  9. The RBI on Tuesday declined to reveal the cost incurred on shredding banned currency notes worth Rs 15,31,073 crore which returned to banks after demonetization. To a query under the Right to Information (RTI) Act, the RBI said that this information was not available and providing it would "disproportionately divert the resources". The RBI also did not reply to a query on how many Rs 500 and Rs 1,000 notes were destroyed.
  10. On November 8, 2016, Prime Minister Narendra Modi announced the scrapping of 500 and 1,000-rupee notes in circulation.

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