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Restricting exchange of old currency notes will lead to more chaos, anarchy: Congress
Friday November 25, 2016 11:22 AM, ANI

New Delhi: The Congress on Friday said the centre is making the country ready for another 'anarchy' by restricting the counter exchange of old currency notes of higher denomination.

"They have making the country ready for another anarchy, it seems like the government will not listen to the grievances of the people till the time they don't suffer," Uttar Pradesh Congress chief Raj Babbar told ANI.

Babbar said that maybe the Bharatiya Janata Party (BJP) is taking revenge from the people of the country for supporting them in the Lok Sabha elections.

"It is very unfortunate that a decision was made to remove black money from the country, but seems like they are planning to remove the poor from the country, not poverty," he said.

On Thursday, West Bengal Chief Minister Mamata Banerjee accused the Centre of restricting the counter exchange of high-value currency notes, saying interim small changes are not a solution to the problems being faced by the common people.

"These interim small changes will not work. They are not a permanent solution to the problems faced by the common people. Vast sections of society are totally left out because of this policy," Banerjee told ANI.

On Thursday, the Centre restricted the counter exchange of old Rs. 500 and Rs 1000 currency notes after the midnight.

However, certain exemptions relating to cancellation of legal tender character of old currency notes has been extended up to December 15, including for the payment of current and arrears dues to utilities which will be limited to only water and electricity.

Payment at toll plazas can be made via old notes from December 3 to 15 as toll-free arrangement continues up to December 2.

School fees up to Rs. 2000 per student can be made through old currency in all Central, State, Municipality local body schools and Central or State Government colleges.

However, foreign citizens will be permitted to exchange foreign currency up to Rs. 5,000 per week. Entry to this effect will be made on their passports.

Purchase from Consumer Cooperative Stores will be limited to Rs. 5000 at a time.


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