Saturday, Jun 06, 2020 | Last Update : 01:53 AM IST

73rd Day Of Lockdown

Maharashtra77793336812710 Tamil Nadu2725614901223 Delhi250049898659 Gujarat18609126671155 Rajasthan98627104213 Uttar Pradesh92375439245 Madhya Pradesh87622772377 West Bengal68762768355 Bihar4452212028 Karnataka4320161057 Andhra Pradesh4112252971 Haryana3281112324 Telangana31471587105 Jammu and Kashmir3142104835 Odisha247814819 Punjab2415204347 Assam19894434 Kerala158969015 Uttarakhand115328610 Jharkhand7642975 Chhatisgarh6781892 Tripura6221730 Himachal Pradesh3691636 Chandigarh3022225 Goa126570 Manipur124110 Puducherry90330 Nagaland8000 Arunachal Pradesh3710 Meghalaya33131 Mizoram1710 Sikkim200

Demonetisation was to 'whitewash' black money: Sitaram Yechury

PTI
Published : Mar 22, 2019, 2:33 pm IST
Updated : Mar 22, 2019, 2:34 pm IST

'Claims like 'cashless' economy also have turned out to be false and misleading Jumlas', Yechury tweeted.

Yechury said, 'We know how jobs and lives were destroyed by notebandi'. (Photo: File)
 Yechury said, 'We know how jobs and lives were destroyed by notebandi'. (Photo: File)

New Delhi: C PI(M) general secretary Sitaram Yechury Friday said demonetisation was to "whitewash" black money, amidst reports that the current cash in circulation has jumped by more than 19 per cent from the pre-note ban days.

Media reports have indicated that the cash in circulation has jumped by 19.14 per cent to Rs 21.41 lakh crore as on March 15 this year from the pre-demonetisation level of Rs 17.97 lakh crore on November 4, 2016.

"Demonetisation by Modi on a whim, against all advice from RBI, was a way to whitewash black money. We know how jobs and lives were destroyed by notebandi. Now claims like 'cashless' economy also have turned out to be false and misleading Jumlas. #DemonetisationDisaster," Yechury tweeted.

Tags: sitaram yechury, demonetisation, cashless economy
Location: India, Delhi, New Delhi