1. RBI not accepting scrapped notes is breach of trust: Ahmed Patel

RBI not accepting scrapped notes is breach of trust: Ahmed Patel

RBI's refusal to accept Rs 1000 and old Rs 500 notes after December 30 is a "major breach of trust", Congress leader Ahmed Patel today said and asked Finance Minister Arun Jaitley to reveal the value of scrapped currency bills deposited in banks till that date.

By: | New Delhi | Published: January 8, 2017 4:51 PM
ahmad-patel-lpti It will hurt the vulnerable section of the society, especially those who took the Prime Minister’s commitment on face value, he said. (PTI)

RBI’s refusal to accept Rs 1000 and old Rs 500 notes after December 30 is a “major breach of trust”, Congress leader Ahmed Patel today said and asked Finance Minister Arun Jaitley to reveal the value of scrapped currency bills deposited in banks till that date.

“The demonetisation policy has already inflicted tremendous hardship on people of India and has taken a heavy toll on our economy. It was expected that the difficulties arising due to the policy would come to an end on December 30 but clearly this has not been the case,” he said.

Patel, the political secretary to Congress chief Sonia Gandhi, said it is surprising that there has been no information since December 12 on the total value of demonetised currency notes deposited in banks. “For the sake of transparency and accountability, I request you to kindly pass necessary directives to make public at the earliest this critical piece of information,” he said.

“Prime Minister Narendra Modi in his address to the nation on November 8 gave a solemn commitment to people that demonetised currency notes could be deposited at specified RBI counters till March 31 this year.

“It has been reported that the Reserve Bank of India is now refusing to accept specified bank notes unless the depositor was outside India between November 8 and December 30 last year. This constitutes major breach of trust on behalf of the government,” the Congress leader alleged.

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It will hurt the vulnerable section of the society, especially those who took the Prime Minister’s commitment on face value, he said.

The Congress leader said it is surprising that NRIs have been allowed to deposit demonetised currency notes only in five out of the 20 regional offices RBI has in the country.

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  1. M
    M R
    Jan 9, 2017 at 6:34 am
    ......... since sometime more particularly , after the night of November 8, 2016 the Indian Trio in Prime Minister, Finance Minister and the Rothschild ill-sponsored nominee, the Governor of Reserve Bank of India let every Indian witness the Hollywood docudrama comedy by symmetrical Trio of Marx brothers- Chico, Harpo, Groucho,. It’s stupendous to opine that the latter Trio, the eldest flamboyant and much talkative to lead the other two, the elder a-go-in-between to the eldest and the youngest with his silent vibrative atude and the youngest with his adolescent deportment making the scene entertaining. The Indian Trio perfectly fits in. Though the theatrical time is thoroughly relished, the great loss after the theatrical show is over the climate outside is sepulchrally blowing hot and cold, of course, in the Indian scenario too.
    Reply
    1. M
      mohamed
      Jan 8, 2017 at 4:19 pm
      RBI and Modi betra people. Soon prices are going to rise. People will die more. But economy will grow.
      Reply
      1. M
        mohamed
        Jan 8, 2017 at 4:21 pm
        bjp did not donate moeny to people.
        Reply
        1. G
          GAJANAN SHENVI
          Jan 8, 2017 at 11:48 am
          Government has given sufficient time to deposit the money, why only congress people and tmc people are crying
          Reply

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