How replacing Rs 1000 notes with Rs 2000 notes would curb black money, wonders Rahul Gandhi

New Delhi: Congress vice president Rahul Gandhi on Wednesday slammed Prime Minister Narendra Modi's move to demonetise the Rs 500 and Rs 1,000 notes.

Criticising PM Modi, the Congress leader said, the Prime Minister has once again proved that he doesn’t cares for the ordinary people.

The Gandhi scion also had a question for the PM saying, “How would replacing Rs 1000 notes with Rs 2000 notes curb the menace of black money.

“How is replacing 1000 rs notes with 2000 rs notes going to make black money hoarding a lot harder? #Modilogic,” he tweeted.

Rahul accused the Modi governmnet of throwing the farmers, small shopkeepers and housewives into utter chaos.

“Once again MrModi shows hw little he cares abt ordinary ppl of this country-farmers,small shopkeepers,housewives-all thrown into utter chaos,” he tweeted.

While, President Pranab Mukherjee has termed Modi's masterstroke as a bold step, but his rivals denounced it as a "heartless and ill-conceived" decision that would inconvenience people.

The Congress has termed the decision as only "a ploy to cover the failure of his promise" to get back black money stashed abroad and deposit 15 lakh into every account of common people of India.

Congress spokesman Manish Tewari went a step ahead, terming the decision as "insane" and taken by "modern day Tughlak".

West Bengal Chief Minister Mamata Banerjee called it "heartless and ill conceived" decision which will lead to financial chaos and demanded its immediate withdrawal.

The Communist Party of India-Marxist said the government decision to axe Rs 500 and Rs 1,000 notes will not unearth black money and "is more like political posturing".

However, Bihar Chief Minister Nitish Kumar "welcomed and supported" Centre's decision to withdraw Rs 1000 and Rs 500 currency notes saying it would help country's economy in the long run.