In a major step, The Central Govt. allows banks and post offices to exchange old demonetised notes of Rs 500 & Rs 1,000 with RBI in next 30 days.
Why didn’t these Banks deposit the old notes with RBI earlier? Why after 6 months are they being allowed 30 days to deposit them now?, is yet to answer.This is nothing but another indication of DeMonetisation failure.
CPI leader Sitaram Yechury said, “Modi govt’s Tughlaqi Firman mode continues. Suddenly allowing old notes to be changed is a backdoor route for laundering black money? “.
There is No surprise that most cooperative banks are controlled by politicians which Mean black money of politicians will become white. Shiv Sena claims credit as Centre allows banks to deposit old notes.
Many say Govt has opened doors to netas to change their old notes.
#NDTV says that Sharad Pawar Ji deposited 1200Cr old notes in private banks with condition that NCP will support BJP’s president candidate.😜
— KRK (@kamaalrkhan) June 21, 2017