'Political Decision Of Modi Govt': Jharkhand CM Hemant Soren On Withdrawal Of Rs 2,000 Notes

Jharkhand Chief Minister Hemant Soren criticised the RBI announcement on the withdrawal of Rs 2,000 notes from circulation, saying that Modi government wants to "save its existence" with such moves.

Jharkhand Chief Minister Hemant Soren compared the current RBI decision to withdraw Rs 2,000 notes with demonetisation that took place in 2016 under the BJP-led Modi government.

Jharkhand Chief Minister Hemant Soren on Sunday criticised the Centre’s recent decision to withdraw Rs 2,000 notes from circulation, saying there is no connection between corruption and the current move. He said this is the same story as the one that took place in 2016 when the BJP-led Union government announced demonetisation. His comments have come after Bahujan Samaj Party Chief Mayawati also said on Sunday that changes made in relation to currency notes have a direct bearing on public interest and any decision to withdraw them should be taken only after carrying out a study.

While talking to reporters, CM Soren claimed last time over two-lakh small-scale and medium-scale industrialists left the country after the implementation of demonetisation, as reported by news agency PTI.

VIDEO | “This is the same story as the one that happened in 2016. There is no connection between corruption and this decision,” says Jharkhand CM @HemantSorenJMM on RBI’s decision to withdraw Rs 2,000 currency notes from circulation. pic.twitter.com/WtjUSpp2EA

— Press Trust of India (@PTI_News) May 21, 2023

Soren further said, as quoted by ANI, “This is the political decision of the Central Government and they feel that by such decisions they will be able to save their political existence. But now the people of the country are understanding things very well.”

ये केंद्र सरकार का राजनैतिक निर्णय है और इन्हें लगता है कि ऐसे निर्णयों से वो अपने राजनैतिक वजूद को बचा पाएंगे। मगर अब देश की जनता बहुत अच्छी तरह से चीजों को समझ रही है। मुझे लगता है कि जिस उम्मीद के साथ केंद्र की सरकार चुनी गई है, वो सभी उम्मीदें चकनाचूर हो गई हैं: 2000 के नोट… pic.twitter.com/mzKbxyP57e

— ANI_HindiNews (@AHindinews) May 21, 2023

While further commenting on the Reserve Bank Of India’s decision to withdraw the notes, he added, “All those hopes with which the Central government was elected, have been shattered.”

Mayawati On RBI’s Decisions To Withdraw Rs 2,000 Notes

Meanwhile, Bahujan Samaj Party Chief Mayawati on Sunday said that RBI’s decisions on the currency notes have a direct bearing on public interest and any decision to withdraw them should be taken only after carrying out a study.

"Since currency and its price in the world market are related to interest and prestige of the country, frequent changes in it directly affect the public interest. That's why a proper study on its effects and consequences is necessary before doing so," she tweeted.

करेन्सी व उसकी विश्व बाजार में कीमत का सम्बंध देश का हित व प्रतिष्ठा से जुड़ा होने के कारण इसमें जल्दी-जल्दी बदलाव करना जनहित को सीेधे तौर पर प्रभावित करता है। इसीलिए ऐसा करने से पहले इसके प्रभाव व परिणाम पर समुचित अध्ययन जरूरी। सरकार इस पर जरूर ध्यान दे।

— Mayawati (@Mayawati) May 21, 2023

The Reserve Bank of India announced the withdrawal of Rs 2,000 currency notes from circulation last week.

The bank said existing notes in circulation can either be deposited in bank accounts or exchanged by September 30.

However, as per the official statement, the bank notes in Rs 2,000 denomination will continue to be legal tender.

To avoid hindrance to daily life activities of people with respect to bank activities, the RBI said the exchange of Rs 2,000 bank notes into banknotes of other denominations can be made up to a limit of Rs 20,000 at a time at any bank starting from May 23, 2023.

The RBI has already asked banks in India to stop issuing Rs 2,000 denomination banknotes with immediate effect