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Note ban a monumental blunder, says Congress

Congress on Saturday said it wants "strictest action" against black money but demonetisation was not a solution to fight the menace and described the exercise as a "monumental blunder" and "completely disastrous".

Senior Congress leader and former Environment Minister Jairam Ramesh said Modi's demonetisation was a "political" decision and not an "economic" one and claimed that more black money was unearthed during the tenure of the UPA government under the then Prime Minister Manmohan Singh

"We are for the strictest action against black money. We want black money offenders to be caught.... black money to be confiscated and the offenders to be jailed," he said. Ramesh was speaking after inaugurating the 'Jan Vedana Sammelan' here, organised by Kerala Pradesh Congress Committee as part of AICC's nation-wide protest campaign against the Centre's demonetisation policy. Stating that Congress was not against laws to fight black money, he said what they were agitating against was "taking away" the rights of individuals to withdraw their own money.#

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