Congress labels Rs 2,000 note a puzzle, questions scrapping of Rs 500, Rs 1,000 currency notes

Questionin government's decision to scrap Rs 500 and Rs 1,000 currency notes, veteran Congress leader and former finance minister P Chidambaram said that it's difficult to comprehend how a Rs 2,000 note will fight graft. He labele the Rs 2,000 note a ouzzle

Updated: Nov 09, 2016, 16:02 PM IST
Congress labels Rs 2,000 note a puzzle, questions scrapping of Rs 500, Rs 1,000 currency notes

Zee media bureau

New Delhi: Questioning the decision of government to scrap Rs 500 and Rs 1,000 currency notes, veteran Congress leader and former finance minister P Chidambaram said that it's difficult to comprehend how a Rs 2,000 note will fight graft. He labeled the Rs 2,000 note a puzzle.

In the press briefing Congress party expressed doubt over an effective implementation of such a drive comparing the same to the time when Janata Party government unsuccessfully did the same in 1978.

He also added that implementation of this latest step may require around Rs 20,000 crore.

He further said that speedy implementation of this step is a real test for the government.