The protests by opposition parties over the demonetisation move of the government forced Lok Sabha to adjourn earlier today. Rajya Sabha too was adjourned today and will resume proceedings on Friday. Though the House conducted the Question Hour amidst sloganeering by the opposition, post noon there were repeated disruptions. The Left parties, Congress, Trinamool Congress and others had given 21 adjournment notices on the issue of demonetisation in the House. Lok Sabha will reconvene at Friday 11 am.
On Wednesday, Rajya Sabha witnessed a flurry of speeches by top leaders including BSP chief Mayawati and CPM general secretary Sitaram Yechury. The opposition, in a rare show of unity, hit out at the government criticising it for its ‘lack of preparedness’ while implementing demonetisation. As it happens, people, in large numbers, are still queuing up outside banks and ATMs to exchange old currency notes and withdraw money. Old currency notes of Rs 500 and Rs 1000 were withdrawn from circulation by the government last week. The Centre has maintained the step was in ‘national interest’ and those questioning the decision will be asked ‘if they support black money and corruption.’
WATCH VIDEO: Finance Minister Arun Jaitley Rules Out Roll Back Of Demonetisation Move
Although Lok Sabha opened on Wednesday for the winter session, it adjourned after obituary references. Union Minister Piyush Goyal, representing the government, said the demonetisation move would ensure weeding out of black money, full payment of taxes and rein in interest rates.