Terming demonetisation a “political move” made without preparation, the Congress on Sunday said it is being sold as a “step against black money” and the Reserve Bank of India did not give the advice it should have offered to the Government.
“Who gave the advice I do not know, but I believe, as Manmohan Singh had said in Rajya Sabha, that Reserve Bank of India did not give the advice it should have offered,” party spokesperson Jairam Ramesh said.
The economy has been growing at 7-7.5 per cent and the decision was taken only for political reasons, he alleged.
Ramesh made it clear that Congress did not call for a ‘Bharat bandh’ and alleged that BJP was spreading disinformation in this regard.
The Opposition parties will hold protests against demonetisation across the country by observing “Jan Aakrosh Diwas” tomorrow, he said, adding that economic activity has anyway come to a standstill since November 9.
Ramesh termed the decision to scrap high-value currency notes a “political decision for three reasons”.
“Prime Minister Narendra Modi believes in ‘dhamaka’ politics. This is a dhamaka (bang) that has changed the narrative. Since November 8 there is no talk, but of demonetisation,” he said.