He said ample time was given to the people when there such a move (demonetisation) in the Philippines, as also in Europe when Euro was introduced. “This (giving ample time for people) has been the norm in various countries”.
Owaisi said he would give a notice for adjournment motion in Lok Sabha, where winter session commences tomorrow, to discuss the demonetisation move which, he said, has put farmers, rural and urban economies in distress.
People are finding huge difficulty in usage of newly introduced Rs 2,000 note because “no one has change”, he claimed.
“86 per cent of our currencies are in the form of Rs 500 and Rs 1,000 notes. You (government) have not planned for it, you have not prepared for it. Re-calibration (of ATM machines) would take more than 100 days. The worst part is: my money is in the bank but I cannot take it out,” he said.
Sourced from agencies, feature image courtesy: hindustantimes.com