HomeNewsBusinessEconomyCap imposed on withdrawal from banks unjust: Anand Sharma

Cap imposed on withdrawal from banks unjust: Anand Sharma

"How can the government tell a tax payer, a person who has earned one's living and saved some money in the bank that they cannot withdraw it and the government has the right to impose a limit of Rs 2000? That is questionable, that is not fair and is unjust," he told reporters.

November 10, 2016 / 09:53 IST
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Congress leader Anand Sharma hit out at the government on the demonetisation issue terming as "unjust" the cap imposed by it on withdrawal of money from bank accounts and demanded its roll back.

He also said that equating poor man's money with that used for terrorism is wrong, even as he questioned Prime Minister Narendra Modi's intent in not giving details of big loan defaulters and demanded that a list of top 100 defaulters be released immediately.

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He also demanded state funding of elections and said patriotism was not the right of only Modi and his ministers as all countrymen were patriotic.

"It would be absurd on the part of the Prime Minister and his Finance Minister to say that those who are having their own savings accounts in banks, the government has a right to impose a limit.