Page 18 - First Act News Today

Opposition parties targeted Prime Minister Narendra Modi on Friday over the RBI’s announcement on the withdrawal of Rs 2,000 currency notes from circulation, with the Congress saying the move was “typical of our self-styled vishwaguru” and his method of “first act, second think”.

Tamil Nadu Chief Minister MK Stalin too criticised the withdrawal of Rs 2,000 notes, calling it a “single trick to hide the Karnataka disaster,” referring to the BJP’s defeat in the Karnataka Assembly elections.

Dr Krishnamurthy Subramanian, who was the chief economic advisor from 2018 to 2021, explains that the governments decision to withdraw Rs 2000 notes is a good move.

Delhi CM Arvind Kejriwal targeted PM Modi for the announcement of ₹2,000 currency note and said that the move shows the necessity to have an literate PM

Congress slams govt for withdrawing Rs 2,000 banknotes from circulation  The Congress on Friday slammed Prime Minister Narendra Modi, saying that the Rs

“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rupee notes introduced with such fanfare after that singularly disastrous Tughlaqi firman of Nov 8 2016 are now being withdrawn,” Jairam Ramesh, the Congress general secretary of communications said

Almost seven years after Rs 1,000 and Rs 500 notes were discontinued and new notes were introduced, RBI has decided to remove the Rs 2000 currency notes from circulation.

“Typical of self-styled Vishwaguru. First Act, Second Think,” says Jairam Ramesh

In order to complete the exercise in a time-bound manner and to provide adequate time to the public, all banks will be able to offer deposit and/or exchange facility for Rs 2000 banknotes until September 30, 2023, RBI said.

A Congress MP reportedly said it was the beginning of a second demonetisation "disaster". It was a reference to the demonetisation exercise of November 8, 2016 when the legal tender status of all Rs 500 and Rs 1,000 bank notes was withdrawn by the Narendra Modi government., India News, Times Now