31 August, 2017
The old notes were allowed to be deposited in banks, with unusual deposits coming under income tax scrutiny.
Former finance minister cited the RBI data to ridicule the central bank and the government. "But it is a failure of her government as it could not provide the necessary relief and rehabilitation to the flood victims despite getting funds from the centre in the form of NDRF and SDRF", Chowdhury said at a public meeting here.
"99 per cent notes legally exchanged!" Was the system deliberately set up by Government of India to facilitate dealers of black money to convert black money into white in lakhs of crores?
Watch: Why demonetisation may fail to win the war against black money. The Congress through its @INCIndia handle posted, "Which Prime Minister demonetised notes in 2016, causing a loss of trillions of rupees to the nation?"
Mamata Banerjee hits out at Centre over RBI revelation.
A day after the Reserve Bank of India (RBI) revealed that almost 99 per cent of the demonetised currency has come back into the system, the Opposition has launched a fierce attack on the Narendra Modi government questioning the need for such a decision on November 8 past year.
West Bengal Chief Minister Mamata Banerjee on Tuesday announced that software giant Infosys will invest Rs. 100 crores in the state.
"Chief Minister Mamata Banerjee is trying to wash off her hands from the responsibility by terming it a "man-made" flood". Because of demonetisation, the country lost Rs three lakh crore in the fourth quarter and hundreds of people died, she claimed. And now what we have got is a big big zero!
Samajwadi Party leader Naresh Agarwal said his party would move a privilege motion against RBI governor Urjit Patel for misleading a parliamentary panel on the issue.
