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‘First act, second assume’: Congress slams PM Modi over withdrawal of Rs 2,000 notes

By PTI

NEW DELHI: The Congress centered the prime minister on Friday over the RBI announcement on the withdrawal of Rs 2,000 international cash notes from circulation, saying the switch was “typical of our self-styled vishwaguru” and his strategy of “first act, second think.”

A celebration MP said it was the beginning of a second demonetisation “disaster”, in an apparent reference to the demonetisation practice of November 8, 2016, when the approved tender standing of all Rs 500 and Rs 1,000 monetary establishment notes was withdrawn by the Narendra Modi authorities.

“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rupee notes introduced with such fanfare after that singularly disastrous ‘Tughlaqi firman’ of Nov 8 2016 are now being withdrawn,” Congress regular secretary Jairam Ramesh said on Twitter, concentrating on the prime minister.

Congress MP Manickam Tagore tweeted, “Second Demo disaster starts…M = Madness.”

The Reserve Bank of India on Friday launched the withdrawal of Rs 2,000 international cash notes from circulation, and current notes in circulation can each be deposited in monetary establishment accounts or exchanged by September 30.

The Rs 2,000 denomination monetary establishment bear in mind was launched in November 2016, primarily to meet the international cash requirement of the monetary system in an expeditious technique after the withdrawal of the approved tender standing of all Rs 500 and Rs 1,000 monetary establishment notes which have been in circulation in the meanwhile.

NEW DELHI: The Congress centered the prime minister on Friday over the RBI announcement on the withdrawal of Rs 2,000 international cash notes from circulation, saying the switch was “typical of our self-styled vishwaguru” and his strategy of “first act, second think.”

A celebration MP said it was the beginning of a second demonetisation “disaster”, in an apparent reference to the demonetisation practice of November 8, 2016, when the approved tender standing of all Rs 500 and Rs 1,000 monetary establishment notes was withdrawn by the Narendra Modi authorities.

“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rupee notes introduced with such fanfare after that singularly disastrous ‘Tughlaqi firman’ of Nov 8 2016 are now being withdrawn,” Congress regular secretary Jairam Ramesh said on Twitter, concentrating on the prime minister.googletag.cmd.push(function() googletag.present(‘div-gpt-ad-8052921-2’); );

Congress MP Manickam Tagore tweeted, “Second Demo disaster starts…M = Madness.”

The Reserve Bank of India on Friday launched the withdrawal of Rs 2,000 international cash notes from circulation, and current notes in circulation can each be deposited in monetary establishment accounts or exchanged by September 30.

The Rs 2,000 denomination monetary establishment bear in mind was launched in November 2016, primarily to meet the international cash requirement of the monetary system in an expeditious technique after the withdrawal of the approved tender standing of all Rs 500 and Rs 1,000 monetary establishment notes which have been in circulation in the meanwhile.

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