Kerala Assembly will have a special session on November 22 to discuss the restrictions on the cooperative banking sector in the wake of the demonetisation. The decision to go for a special assembly session was taken at a cabinet meeting after the daylong agitation staged by the cabinet in front of the regional RBI office here. Chief Minister Pinarayi Vijayan and his cabinet colleagues held the sit-in from 10 am to 5 pm.
After the RBI prevented the cooperative banks, mostly controlled by non-BJP parties, from exchanging the scrapped notes, account holders have been left high and dry, the state government claimed. Congress-led Opposition UDF has extended support for the government agitation.
Vijayan said: “Those who have ventured out to destroy the cooperative sector should be resisted.’’
BJP former state president V Muraleedharan said the CPI (M) agitation was in support of protecting the black money.