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Nov 8: Narendra Modi-led government's note ban move completes three years

India Blooms News Service | @indiablooms | Nov 08, 2019, at 09:51 am

#IndianCurrencyBan #NoteBan #NarendraModi #MamataBanerjee

New Delhi/IBNS: Nov 8 marked the third anniversary of PM Narendra Modi-led government's major decision taken in 2016 to ban old Rs. 500 and Rs. 1000 currency notes.

Modi, in a televised address, on Nov 8, 2016 had announced the move, standing as one of the major decisions taken during the first tenure of his government.

Meanwhile, West Bengal Cheif Minister Mamata Banerjee targeted the Indian government over the movie and tweeted: " Today is the third anniversary of #DeMonetisationDisaster. Within minutes of announcement, I had said that it will ruin the economy and the lives of millions. Renowned economists, common people & all experts now agree. Figures from RBI have also shown it was a futile exercise."

Today is the third anniversary of #DeMonetisationDisaster. Within minutes of announcement, I had said that it will ruin the economy and the lives of millions. Renowned economists, common people & all experts now agree. Figures from RBI have also shown it was a futile exercise 1/2
— Mamata Banerjee (@MamataOfficial) November 8, 2019

Banerjee said 'economic disaster' started that day.

Economic disaster started on that day and look where it has reached now. Banks stressed, economy in a complete slump. All affected. From farmers to the young generation to workers to traders, housewives... everyone is affected 2/2
— Mamata Banerjee (@MamataOfficial) November 8, 2019

She further said: "Economic disaster started on that day and look where it has reached now. Banks stressed, economy in a complete slump. All affected. From farmers to the young generation to workers to traders, housewives... everyone is affected."

The Congress party also targeted the government over the issue.

Our second episode of #DeshKiBaat captures all the latest pressing issues, including the full impact of Demonetisation on our economy. Tune in on 9th Nov for the full episode. #NotebandiSeMandiTak pic.twitter.com/MjZZEHDQbh
— Congress (@INCIndia) November 8, 2019

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