P Chinabaram On 2000 Note: The Reserve Bank of India withdrew the Rs 2,000 note from circulation on Friday (May 19). The Reserve Bank said that from May 23 to September 30, people will be able to exchange Rs 2,000 notes up to Rs 20,000 in one go. Meanwhile, former Finance Minister and senior Congress leader P. Chidambaram said that demonetisation has once again come full circle.
Former Finance Minister P. Chidambaram wrote in a tweet that I had the same hope that RBI would withdraw the two thousand rupee note. He claimed that Rs 2,000 note is hardly a popular medium of exchange, we have seen in November 2016 Said and we have been proved right.
As expected, the government/RBI have withdrawn the Rs 2000 note and given time until September 30 to exchange the notes
The Rs 2000 note is hardly a popular medium of exchange. We said this in November 2016 and we have been proved correct
The Rs 2000 note was a band-aid to…
— P. Chidambaram (@PChidambaram_IN) May 19, 2023
P. What did Chidambaram say?
Senior Congress leader P. Chidambaram said that the Rs 2,000 note was introduced to cover up the foolish decision of demonetisation to discontinue the Rs 500 and Rs 1,000 notes, while the Rs 500 and Rs 1,000 notes were a popular medium of exchange. < /p>
Chidambaram said that a few weeks after demonetisation, the 500 note was brought back by making pressure on the RBI. I would not be surprised at all if the RBI brings back the Rs 1000 note as well. Let us inform that in November 2016 the Prime Minister Narendra Modi had announced demonetisation. During this, the central government had claimed that the decision of demonetisation has been brought to end black money and corruption.
Read this also- 2000 Rupees Note: From May 23, up to a limit of Rs 20000, 2000 rupee notes can be changed from the bank, notes can be deposited in accounts
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