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.






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.”






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.






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