Wed, Apr 26, 2017 | updated 01:41 AM IST

Centre has no right to impose 'financial emergency' in the country: Congress

Updated: Nov 11, 2016 20:33 IST      
Centre has no right to impose 'financial emergency' in the country: Congress

New Delhi [India], Nov. 11 (ANI): The Congress on Friday accused Prime Minister Narendra Modi of creating "propaganda and myth" for imposing 'financial emergency' across the country in the name of curbing black money, saying the former does not has the right to impose withdrawing limits of the people.

"What right does Finance Minister Arun Jaitley and Prime Minister Modi have to tell people, who have savings accounts, that we will impose limits on how much one will withdraw. With one statement, they have tarnished more than 60 percent of the working population saying that all money in circulation was black money," Congress leader Anand Sharma told a press conference here.

He said the government's decision to impose ban on the circulation of Rs. 500 and Rs. 1,000 notes has become a nuisance to farmers and small shop owners who primarily deal with physical cash.

"Does a farmer, who is paid in hard cash, carry any black money? Does a small owner trades in black money? This government is getting carried away with its own propaganda. It is high time that it knows what the ground reality is before the situation goes out of control," Sharma said.

Sharma said when during the erstwhile UPA's regime, the government had withdrawn a particular series of Rs. 500 and Rs 1,000 notes in January 2014 and people were given sufficient notice to exchange their money.

The senior Congress leader also questioned the BJP's stance on curbing black money, saying the information about new Rs. 2,000 notes had leaked even before the Prime Minister's announcement. (ANI)

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Updated: Apr 25, 2017 23:36 IST     

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Updated: Apr 25, 2017 22:52 IST     

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Delhi experiences light drizzle

Updated: Apr 25, 2017 22:19 IST     

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Is Pak sending message of peace through this white pigeon?

Updated: Apr 25, 2017 21:57 IST     

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Israel Envoy to India condoles kin of 25 slain CRPF personnel

Updated: Apr 25, 2017 21:57 IST     

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Rajnath asks CRPF DG, MHA officer to stay put in Chhattisgarh

Updated: Apr 25, 2017 21:57 IST     

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Army organises Jashn-e-Baramullah to encourage Awam and youth

Updated: Apr 25, 2017 21:57 IST     

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Won't tolerate Alwar lynching-like incidents: Raje

Updated: Apr 25, 2017 21:57 IST     

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CRPF concerned over Kashmir stone pelting incidents

Updated: Apr 25, 2017 21:12 IST     

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Pak hackers allegedly hack DU, AMU websites

Updated: Apr 25, 2017 20:52 IST     

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Updated: Apr 25, 2017 20:38 IST     

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Mehbooba asks security agencies to undertake youth counseling

Updated: Apr 25, 2017 20:29 IST     

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Mamata announces job for kin of three slain CRPF jawans

Updated: Apr 25, 2017 20:29 IST     

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Oppn accuses Modi Govt. over Sukma Naxal attack

Updated: Apr 25, 2017 20:29 IST     

New Delhi [India], Apr 25 (ANI): The Nationalist Congress Party (NCP) on Tuesday blamed the Prime Minister Narendra Modi-led government for being unsuccessful over the Central Reserve Police Force (CRPF) encounter with the Naxals of Chhattisgarh's Sukma that took place yesterday.

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Stalin hails huge success of shutdown in TN

Updated: Apr 25, 2017 20:00 IST     

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Amit Shah predicts Lotus bloom in Bengal

Updated: Apr 25, 2017 19:32 IST     

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