P Chidambaram rubbishes RBI report on demonetisation, says brain behind the move be awarded Nobel
P Chidambaram rubbishes RBI report on demonetisation, says brain behind the move be awarded Nobel
Chidambaram Lashed Out At The Reserve Bank Saying The Decision To Demonetise Rs 500 And Rs 1000 Notes Did Not Give The Desired Result.
News Nation Bureau | Edited By : Himani Gwari | Updated on: 30 Aug 2017, 11:45:45 PM
New Delhi:
After Reserve Bank of India’s annual report, as per which 99% of the Rs 500 and Rs 1000 notes worth Rs 15.44 around 99%returned to the banking system.
On this former finance minister, P Chidambaram lashed out at the reserve bank saying the decision to demonetise Rs 500 and Rs 1000 notes did not give the desired result. He also questioned the Narendra Modi government whether its demonetisation decision was designed to convert black money into white.