Whole exercise was undertaken without forethought and planning: Congress on currency ban
"It is now abundantly clear that the whole exercise was undertaken without forethought and planning," Congress leader P Chidambaram said.
He said: "Besides, seizure of bundles of new Rs 2000 notes is clear evidence of corruption at level of RBI, currency chests & banks."
The former Union Minister further slammed the Centre and said: "Altogether, the whole exercise has been a case of total mismanagement, administrative collapse & widespread corruption."
Chidambaram said people across the nation faced enormous hardship and suffering during the 50 days period.
"Among the worst affected are farm labourers, daily wagers, self-employed & those who run micro, small & medium businesses," he said.
Referring to the issue the of cashless economy, Chidambaram said: "The Government has tried to change the narrative from black money and corruption to a cashless economy."
"No economy can become, or has become totally cashless," he said.
The Centre on Nov 8 announced bannig of Rs 1000 and Rs. 500 currency notes.
Dec 30 marked the last day of submitting old notes.
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