HomeNewsTrendsCurrent AffairsAllow use of old notes till Dec 31, strike on black money

Allow use of old notes till Dec 31, strike on black money

Alleging that the country's economy is in chaos in wake of the demonetisation move, the CPI today demanded that the Centre should allow use of old notes till December 31 for all public utilities even as it pressed for action against "real black money hoarders" and those named in Panama leaks.

November 15, 2016 / 15:28 IST
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Alleging that the country's economy is in chaos in wake of the demonetisation move, the CPI today demanded that the Centre should allow use of old notes till December 31 for all public utilities even as it pressed for action against "real black money hoarders" and those named in Panama leaks.

"If the Prime Minister is sincere, he should apologise to the nation and set right things by allowing people to use the old currency till December 31 for all public utilities like journeys, hospitals, medical shops, tax payments, phone payments, to purchase foodgrains, and essential commodities," CPI General Secretary S Sudhakar Reddy told reporters.

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He said Prime Minister Narendra Modi's comment that poor people are happy with demonetisation of high currency notes is far from truth.

"It is an insult on injury. Life has become miserable for a large number of people," he said.