CPI(M) flays demonetisation

November 12, 2016 12:00 am | Updated December 02, 2016 02:58 pm IST - CHENNAI:

The State committee of the CPI(M) on Friday condemned the Central government’s demonetisation policy, which it said — while ineffective in curbing black money — has inconvenienced the common man.

In a statement, the party state secretary G. Ramakrishnan pointed out various drawbacks related to the follow-up to the Prime Minister’s announcement. He said that the government has taken no steps to ensure the adequate supply of the new Rs. 500 and Rs 2,000 currency notes, leading to a disruption of trade.

The party called for the ending of withdrawal limits — at least, in cases where an urgent need could be proven — and said ATMs needed to be functional immediately. — Special Correspondent

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.