Make public the amount of junked currency deposited in banks: CPI(M)

Make public the amount of junked currency deposited in banks: CPI(M)

NEW DELHI: The CPI(M) today attacked the NDA government for not making public the data on the amount of junked currency deposited in banks post note ban.
Taking to Twitter, CPI(M) general secretary Sitaram Yechury asked whether the Modi government is “that incompetent” that it is yet to come out with the numbers.
“Why don’t we have the data on amount of old currency notes deposited even now? Is the Modi government that incompetent? Or complicit?” he said.
Prime Minister Narendra Modi had on November 8 last year announced scrapping of old Rs 500 and Rs 1000 currency notes.
The government had set a deadline of December 30, 2016 to exchange the notes with banks.
NRIs and those who could not deposit the invalidated high value notes because they were travelling abroad can deposit the old currencies with RBI until March 31 subject to verification.

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