Adhir Ranjan Chowdhury said the Reserve Bank of India took the significant step to eliminate fraud and terror financing . The National Congress Party said the Reserve Bank of India took the significant step to eliminate fraud and terror financing .
Adhir Ranjan Chowdhury, the head of the National Congress Party, blasted the government's decision to demonetize high-value currency notes in the Lok Sabha today, arguing that the decision did not achieve the desired goals since cash in circulation and fake currency had increased significantly under the Congress regime, according to BJP's Nishikant Dubey, who said the Reserve Bank of India took the significant step to eliminate fraud and terror financing, which had risen from Rs 18 True currency and deposits in Swiss banks have also increased, according to him.Due to demonetization, the economy is in a bad shape.Demonetization was started with the intention of bringing back black money and preventing fake currencies and terrorism.Mr Chowdhury said that none of the objectives of demonetization have been realized, and that Mr Dubey said the RBI decided to pursue demonetization to eliminate the danger of terrorism, black money, and fake currency.