Published: Tue, August 08, 2017
Money | By Armando Alvarado

PM should explain, says Cong on alleged discrepancy in notes

PM should explain, says Cong on alleged discrepancy in notes

Sibal mentioned that the standard size of the new currency notes as indicated on the official website of the Reserve Bank of India was 66 mm X 150 mm for Rs 500 and 66 mm X 156 mm for Rs 2,000 notes.

Issue cannon balled into heated exchange and disruption of Rajya Sabha The issue created such an uproar, during which the two sides traded heated exchanges, that the house was adjourned six times before the final adjournment for the day.

The Congress party has levelled a serious allegation against the BJP-led NDA government by saying that the RBI printed two different kinds of currency notes after demonetisation.

Outraged by the implementation of demonetisation by the Centre, Sibal said, "Today we have discovered why the government took the demonetisation decision".

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Kapil Sibal said the high denomination notes of Rs 500 and Rs 2000 varied in terms of their size, design and other features. The Congress claimed that Bhartiya Janata Party is flush with Funds just because of this. There is no such provision according to which you present a paper and saying it's a point of order... "Zero Hour is being misused", he said. But Congress party's allegation that one type of notes were printed for BJP for elections goal and the other kind were printed for the government is something to be looked into deeper. Janata Dal United leader Sharad Yadav and Samajwadi Party's Naresh Agrawal also backed the Congress.

Finance Ministry sources say a slight variation in size and design of notes is possible and stress that the government has never asked for two different sets of notes to be printed. "You have been raisng frivolous issues everyday during the Zero Hour", Jaitley said.

Contesting the Opposition's claims, Law Minister Ravi Shankar Prasad asked Opposition members to explain where they got the currency notes from. "Given such a big print run there can be an odd case of a currency note being slightly bigger or not", he told NDTV. Rajya Sabha Deputy Chairman P J Kurien said even if there were two types of notes, it could not be a point of order.

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