Breaking |

Breaking |

Demonetisation was to whitewash black money: Yechury
Published : Mar 22, 2019, 2:52 pm IST
Updated : Mar 22, 2019, 2:53 pm IST
SHARE ARTICLE
Sitaram Yechury
Sitaram Yechury

CPI(M) general secretary Sitaram Yechury Friday said demonetisation was to "whitewash" black money, amidst reports that the current cash

New Delhi, Mar 22: CPI(M) general secretary Sitaram Yechury Friday said demonetisation was to "whitewash" black money, amidst reports that the current cash in circulation has jumped by more than 19 per cent from the pre-note ban days. Media reports have indicated that the cash in circulation has jumped by 19.14 per cent to Rs 21.41 lakh crore as on March 15 this year from the pre-demonetisation level of Rs 17.97 lakh crore on November 4, 2016.

Demonetisation was to whitewash black moneyDemonetisation was to whitewash black money

Advertisement

"Demonetisation by Modi on a whim, against all advice from RBI, was a way to whitewash black money. We know how jobs and lives were destroyed by notebandi. Now claims like 'cashless' economy also have turned out to be false and misleading Jumlas. #DemonetisationDisaster," Yechury tweeted.

Location: India, Delhi, New Delhi

SHARE ARTICLE

PTI

Advertisement
Advertisement

Kamal Kaur Death News: Pakistan Don Support of Amritpal Singh Mehron | Kamal Bhabhi Murder News

15 Jun 2025 6:25 PM

Kamal Kaur Bhai Murder, Advocate Ghuman Brother\'s Mehron Case

15 Jun 2025 6:23 PM

Nihang Singh Lawyer Big Disclosures, Amritpal Singh Mehron, Kamal Kaur Bhabhi Murder Case News

15 Jun 2025 6:20 PM

Amritpal Singh Mehron Live After Kamal Kaur Bhabhi Murder, who\'s Amritpal Singh Mehron

13 Jun 2025 6:55 PM

After receiving a threat from Amritpal Singh Mehron, \'Pendu Jatt Records\' issued an apology.

13 Jun 2025 6:53 PM

Balkaur Singh Interview After BBC Released Sidhu Moosewala Documentary, Sidhu Birthday

11 Jun 2025 4:56 PM
Advertisement