Illegality in issuance of Rs 2,000 note, alleges Congress


New Delhi, Nov 21 (PTI): The Congress today accused Prime Minister Narendra Modi of not following the law in issuance of Rs 2,000 currency notes and vowed to raise the matter inside and outside Parliament.

Claiming that the PM had plunged the country into "financial anarchy", senior Congress leader Anand Sharma said the introduction of Rs 2,000 denomination notes is an "illegal act" as the the notification required to be issued under the RBI Act for printing new currency has not been issued, ignoring what is mandatory under the law.

He also hit out at the Government's move to put indelible ink on the fingers of those exchanging notes. A united opposition will raise this issue vociferously in Parliament besides making it a subject for mass movement, the Congress said.

The Deputy Leader of Congress in Rajya Sabha alleged that the Prime Minister is consciously deflecting attention from key issues and "fooling poor masses by masquerading as a crusader against black money under the garb of nationalism" and said those supporting PM "and his apologists are illiterate in Constitution and in law."

"The Prime Minister is squarely responsible for plunging the country into financial anarchy. There is an undeclared financial emergency without invoking the provisions of Article 360 of the Constitution.

"The Prime Minister's sensational and theatrical announcement of November 8 on demonetization had no legal sanctity as the monetary policy is the domain of the Reserve Bank of India," Sharma said.

The introduction of Rs 2,000 currency denomination is an illegal act, since under the RBI Act no notification has been issued, and such issuance is mandatory before the introduction of a new currency note, he said.

"Circulation of this illegal new currency of Rs 2000 denomination contradicts government's move to control black money circulation and is a continued illegality," Sharma told PTI.

The Congress leader accused the Prime Minister of making misleading statements and violating the law and the Constitution multiple times.

In a scathing attack on the government for its move to put ink on fingers of common people exchanging notes, he said, "Even dictators have not done what this government has done.

"Only the Nazis branded people. Our citizens and foreign guests are also being branded for withdrawing money. It is a matter of shame and concern. Incredible India has been overnight converted into Indelible India," he alleged.

Sharma said the replacements of old notes of Rs 500 and Rs 1,000 denomination are not yet ready and this scarcity has put people to inconvenience.

"It is inflicting great suffering on the people, especially the poor, the farmers and the total workforce of 33 crore Indians in the unorganised sector and the farm labour," he said.

He accused the Prime Minister of having besmirched the image of India internationally as a rules based country.

Major opposition parties have already come together in Parliament to take on the Government on the demonetization decision and its implementation.

Sharma said neither the PM nor the Finance Minister have any legal sanction or authority to prevent and deny people access to their own bank accounts and impose limits on the withdrawal from savings accounts of households, citizens and salaried employees.

"The opposition is justified and firm in its demand for a JPC probe on the selective leakage of government's move. This leakage is a violation of the secrecy and directly helped hoarders of black money, aided the laundering of money abroad and also diversion of investments through bullion, stocks, bonds and securities.

"We are firm and determined to take this to a logical conclusion and to expose the intent and actions of this government," Sharma said.

The former Union minister said the demonetization move had affected employment in a big way.

"This money belongs to the people and you are now making them beg for their own money. This has never happened in any country," he said.

  

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Comment on this article

  • Vincent Rodrigues., Frazer Town,Bangalore

    Tue, Nov 22 2016

    The real people with black money are not effected but only the poor to struggle for their survival

    DisAgree Agree [1] Reply Report Abuse

  • Zeitgeist, Mangalore

    Mon, Nov 21 2016

    I think that congress should stick to celebrating birthday`s of genocidal maniacs and nothing else.

    DisAgree [10] Agree [3] Reply Report Abuse

  • CONRAD JOHN TAURO, SHIRVA/UDUPI/DUBAI

    Mon, Nov 21 2016

    Difference between economy sense
    and non sense...

    DisAgree [5] Agree [19] Reply Report Abuse

  • RonRon, Udupi

    Mon, Nov 21 2016

    Mr. Manmohan Singh... we miss you!!!!

    DisAgree [11] Agree [44] Reply Report Abuse

  • Sandeep, Mang

    Mon, Nov 21 2016

    We have not heard of any mega scams in 2.5 years missing u badly...

    DisAgree [25] Agree [19] Reply Report Abuse

  • FLAVIAN DSOUZA, CHIK/BENGALURU

    Mon, Nov 21 2016

    Looting this country are politicians and industrialists and govt has waived 1.5 lak crore for 5 of the top industrialists and will do more for them and this is just another drama!!86% of the population just have 5 % of the wealth and Modi is running behind the 86% to for 5% gains !!crocodiles are left and small fish are caught !!

    DisAgree [11] Agree [33] Reply Report Abuse

  • Sujith Nayak, Kudla / AUH

    Mon, Nov 21 2016

    Feeling sooo sorry for these cry babies...lol..

    DisAgree [34] Agree [21] Reply Report Abuse

  • Anees, KARKALA

    Mon, Nov 21 2016

    Now not possible to send Primary school..

    DisAgree [8] Agree [18] Reply Report Abuse

  • mohan, mangalore

    Mon, Nov 21 2016

    The poor people changing smale amount from their daily wages are marking on finger with black ink. But For rich and black money holder Bank is sending directly to their home crores of rupies by taking commission .. ...

    Garib ko maro Desh ko Bachao.....

    DisAgree [10] Agree [40] Reply Report Abuse

  • s N BANGS, Thannirubhavi

    Mon, Nov 21 2016

    Which bank changed 2g scam,coal mine scam,helicopter scam,CWC scam,vodra land money? Please name it.

    DisAgree [33] Agree [17] Reply Report Abuse

  • kas, Mangalore

    Mon, Nov 21 2016

    chaiwala... He should answer all these question instead of running away from the Parliament .....

    DisAgree [15] Agree [29] Reply Report Abuse

  • Anees, KARKALA

    Mon, Nov 21 2016

    INDIAN ELECTED MR PM..FOR FOREIGN TOUR ONLY..NOT FOR PARLIAMENT DEBATE.

    DisAgree [21] Agree [43] Reply Report Abuse

  • Nagaraj, BENGALURU

    Mon, Nov 21 2016

    Kaamaale Kannige Kaanodella HaLadi

    DisAgree [18] Agree [10] Reply Report Abuse

  • geoffrey , hat hill

    Mon, Nov 21 2016

    With his educational background, there's no way that he was aware of either the legal aspects or the economic repercussions of this move
    He totally relied on advice from half boiled economists from his party and his own emotions packed theatrics which never failed him until.....

    DisAgree [9] Agree [39] Reply Report Abuse

  • Soori, Dubai

    Mon, Nov 21 2016

    Yes, Rahul Gandhi would have been the best.

    DisAgree [10] Agree [18] Reply Report Abuse

  • geoffrey , hat hill

    Mon, Nov 21 2016

    That's your opinion.

    DisAgree [8] Agree [15] Reply Report Abuse

  • kas, Mangalore

    Mon, Nov 21 2016

    Mr Sharma .... You may be right to some extent .... But you have no moral right to question ,,,, .... Some evidences were there for 25 crores paid to Gujrat CM while UPA was ruling ...

    You have compromised this deal to rescue Vadra... That is why 56" chest is not acting against Maa, beta, Dammad.... all dramas by all political parties, because they knew the things before hand ... That is why Mulayam, Lalloo, Mayawati, Amma are keping quiet..

    DisAgree [15] Agree [16] Reply Report Abuse

  • Amith, udupi

    Mon, Nov 21 2016

    Modi has no guts to sit in parliament and reply ..he is busy promoting new jumla PMGAY (Pradhan mantri Gramin Awas Yojana ) 

    DisAgree [21] Agree [47] Reply Report Abuse


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