Congress hails govt’s decision to abolish Rs 500, 1000 notes; ‘Will support any step against black money’

ANI quoted Congress leader Randeep Surjewala as saying "Congress has always supported any step against black money, and will continue to do so, and will continue to do so."

By: Express Web Desk | New Delhi | Updated: November 9, 2016 12:04 am
modi, pm modi, narendra modi, 500 notes, 1000 notes, 500 notes demonetised, notes demonetised, modi address, modi nation, pm narendra modi, congress, latest news, rbi, reserve bank of india, black money Congress spokesperson Randeep Surjewala.

Praising the government’s decision to abolishing Rs 500 and Rs 1000 notes, the Congress on Tuesday said it supports any step against black money. ANI quoted Congress leader Randeep Surjewala as saying “Congress has always supported any step against black money, and will continue to do so, and will continue to do so.”

However, the Congress leader said that decision will put a burden on those who go to market to buy  necessary articles for marriages including jewellery, clothes etc. What will happen to them, asked Surjewala.

He also said that withdrawing 1000 notes and introducing 2000 notes at the same time defeats government’s own argument. “While Modi ji withdraws Rs 1000 note on one side, he introduces Rs2000 note on the other side?Does it not defeat his own argument?” said Surjewala.

In a decisive step to curb black money, Prime Minister Narendra Modi announced demonetisation of Rs 1000 and Rs 500 notes with effect from midnight, making these notes invalid in a major assault on black money, fake currency and corruption.

Modi said the notes of Rs 500 and Rs 1000 “will not be legal tender from midnight tonight” and these will be “just worthless piece of paper.” However, he said that all notes in lower denomination of Rs 100, Rs 50, Rs 20, Rs 10, Rs 5, Rs 2 and Re 1 and all coins will continue to be valid.

Read Also: Demonetising Rs 500, 1000 notes a very bold step to fight black money: RBI

He also announced that new notes of Rs 2000 and Rs 500 will be introduced.

ATM withdrawals will be restricted to Rs 2000 per day and withdrawals from bank accounts will be limited to Rs 10,000 a day and Rs 20,000 a week. Banks will remain closed tomorrow and ATMs will also not function tomorrow and day after, Modi said.

He expressed confidence that the staff of banks and post offices will rise to the occasion to introduce the new order within the available time.

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First Published on: November 8, 2016 10:04 pm
  1. F
    Farid
    Nov 8, 2016 at 5:42 pm
    Good step taken against black money but see the other side local people will affect a lot
    Reply
    1. A
      Alab
      Nov 8, 2016 at 5:38 pm
      You could have done it when you were in power. Even now someone like Chidambaram may do some political chun-chun just to remain in business.
      Reply
      1. F
        Felsak Nasarulla
        Nov 9, 2016 at 6:46 am
        Good work PM... Carry on... All the best...
        Reply
        1. F
          Felsak Nasarulla
          Nov 9, 2016 at 6:53 am
          all parties are corrupted only.. But congress.... pls brother that party doesn't deserve any justification... When you got a 4G set... You forgot " 2 G "...
          Reply
          1. F
            Felsak Nasarulla
            Nov 9, 2016 at 6:45 am
            when I read it I laughed... It took some time to control . lt;br/gt;lt;br/gt;WHAT?????? Funny Funny Funnylt;br/gt;lt;br/gt;Congress What ????? Ha ha ha lt;br/gt;lt;br/gt;Poor man... Such a shameful situation... I feel pity on him...
            Reply
            1. T
              Trashforvote
              Nov 8, 2016 at 11:21 pm
              I am sure there will be alternative for non-blackmoney people. . .it will be laxed and banks will be directed accordingly.
              Reply
              1. T
                Trashforvote
                Nov 8, 2016 at 11:31 pm
                This is real SWACH BHARAT ABHIYAAN . . . c0 ckr0 aches spray mar diya
                Reply
                1. A
                  Abhimanyu Pande
                  Nov 8, 2016 at 8:39 pm
                  Rs.2000 would be trackable.
                  Reply
                  1. M
                    Manohar Gupta
                    Nov 8, 2016 at 5:12 pm
                    I congratulate Shri Modiji for this bold step. However again bringing Rs. 500/- and 2000/- defeats the purpose of black money and stopping corruption.With even poor men having bank account and ATM cards plastic money should be encouraged.
                    Reply
                    1. S
                      S Subramaniam
                      Nov 8, 2016 at 5:44 pm
                      Wait of Congress VP and Delhi CM leading a candle light march to the Jantar Mantar and India Gate on the pretext that Hon'ble Narendra Modiji had virtually copied their policy which they were planning by could not implement as they were voted out of power in May 2014 Lok Sabha Elections
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                      1. P
                        prem
                        Nov 12, 2016 at 4:58 pm
                        PM Modi on demonetization of Rs 500 and Rs 1000 notes I feel the way Modi has handle this problem it has been handled in the same way you would handle a busy coffee house. This is the most unprofessional way to which he has done this, which has cost India lot money. India will go into a recession, GDP it could drop up to 2 points because people will not be able to invest money which they have lost. I would not surprise me Modi would have told his party and friends to change their money. Congress however where keen to stand in a queues and change their money which could not have been much. The poor people who have not heard about changing the Rs 500 and Rs 1000 will lost this money. The Pm Modi and chancellor should be sacked and congress should call for an election. This is in MODI interest not in India interest “what a mess just the e way he has done this.lt;br/gt;Prem “
                        Reply
                        1. J
                          JoeKidd
                          Nov 9, 2016 at 5:03 am
                          "Modi said " and not "Govt. Said "
                          Reply
                          1. M
                            Manoj Gulalkai
                            Nov 8, 2016 at 5:00 pm
                            We were expecting the similar step from congress govt before 2014, but the past govt failed to meet all our expectation.
                            Reply
                            1. R
                              RN Awasthi
                              Nov 8, 2016 at 10:34 pm
                              Dear Surjewala You are being igned the dirtiest job by your masters in the Congress - of coming out on camera and give stupid statements. Possibly your share of common sense has been always nil.lt;br/gt;Really speaking can Congress ever dare to say that they will oppose move to curb black money? Your party seem to be worst hit by Modi Sunami. Better quit Congress and look for new masters.
                              Reply
                              1. S
                                sachin
                                Nov 8, 2016 at 9:40 pm
                                Super step by pm.....
                                Reply
                                1. S
                                  satyajita
                                  Nov 8, 2016 at 5:27 pm
                                  This is the usual Congress. They will immediately support, but give a day or two. There will be reserve forces that will come out in the open and blast s in the scheme. Some will even accuse the govt of partisan moves to benefit BJP in UP and to hurt the muslims in the country (who are small time businessmen and so on ) JUST WAIT FOR A DAY OR TWO. All the PChidambarams and Nirupams will be unleashed in full force so that the "Benefit" of the decision does not go to the rulian alliance. They will tell you how impractical, problem ridden full of loop s etc etc.
                                  Reply
                                  1. S
                                    Sarathambal
                                    Nov 8, 2016 at 5:37 pm
                                    What happens to those tourists who have this currency who r planning to visit India and what is the solution for them
                                    Reply
                                    1. B
                                      Bhawna
                                      Nov 10, 2016 at 2:15 am
                                      One of the worst decision of pm modi. It's affecting on aam aadmi..kitni girls boys ki shadi h in Dino. Y hi tym Mila modi g ko. Aam janta k sath bura hua h y. Jese tese pese ktthe kie shadi ko leke. Kha tk kon lgega bank ki lines lgake.kuch to sochna hi th.ek b pesa hath m ni h. Withdraw ki limit or h. Kya khak koi apne sapne dkh le.
                                      Reply
                                      1. S
                                        Sinai
                                        Nov 8, 2016 at 11:25 pm
                                        Congress black money support..HA HA HA GA HA GA GA HA HO HO BOOOO
                                        Reply
                                        1. V
                                          vimal sharma
                                          Nov 8, 2016 at 5:46 pm
                                          GREAT MOVE BY MODIJI.....2014- SIT FORMED.....2015 - JAN DHAN YOJANA- BANK ACCOUNT OPENED.....2015- BLACK MONEY DECLARATION WINDOW OPENED.....2016- 500/1000 NOTES ABOLISHED.....
                                          Reply
                                          1. U
                                            UDAYlONDON
                                            Nov 8, 2016 at 7:39 pm
                                            eep introducing 2000 Rs note cuts Note manufacturing cost into half ! nUse your brains. Then again you are CONGRESS puppet and say what u are told to by your boss !
                                            Reply
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