Home NewsAsia ‘Modi Took Training From Tughlaq’: MP Congress Leader On Withdrawal Of Rs 2,000 Notes

‘Modi Took Training From Tughlaq’: MP Congress Leader On Withdrawal Of Rs 2,000 Notes

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‘Modi Took Training From Tughlaq’: MP Congress Leader On Withdrawal Of Rs 2,000 Notes

The Chief of Opposition within the Madhya Pradesh Meeting, Govind Singh, on Saturday drew parallels between Prime Minister Narendra Modi and Muhammad bin Tughlaq, a day after the Reserve Financial institution of India (RBI) introduced the withdrawal of Rs 2,000 notes from circulation.

Tughlaq was a medieval ruler of the Delhi Sultanate whose reign is usually remembered for its complexities and contradictions.

“We’ve got examine Muhammad bin Tughlaq who typically shifted his capital from Delhi to Daulatabad and vice versa. It appears Modiji has taken coaching from him,” the Congress chief stated, citing Items and Companies Tax (GST) rollout and demonetisation as examples.

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Singh additionally responded to a query about Congress’ allegation that demonetisation was an enormous rip-off and if the most recent transfer by the RBI was linked to it.

“I wish to ask Modiji concerning the black cash of BJP deposited in cooperative banks in Gujarat (earlier than noteban). He should clarify to the individuals of this nation why the federal government printed Rs 2000 notes and why they’re being withdrawn now?,” stated the seven-term MLA from Lahar in Bhind district.

Singh additionally sought to understand how a lot cash has been “wasted” in printing the Rs 2000 notes that at the moment are in circulation.

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The RBI on Friday introduced the withdrawal of Rs 2,000 forex notes from circulation and stated the present notes with the general public can both be deposited in financial institution accounts or exchanged by September 30.

The observe was launched in November 2016 after Prime Minister Narendra Modi introduced the scrapping of high-value Rs 500 and Rs 1000 notes. 

(This report has been printed as a part of the auto-generated syndicate wire feed. Aside from the headline, no modifying has been completed within the copy by ABP Reside.)


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