Watch video: Congress divided on demonetsation, Chidambram condemns but Janardan Dwivedi hails move

Former Union Finance Minister P Chidambaram raised questions over the Narendra Modi government’s decision to demonetise the currency notes of Rs 500 and Rs 1000. However, he maintained that the Congress party is not questioning the objective behind the decision.

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Bindiya Bhatt
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Watch video: Congress divided on demonetsation, Chidambram condemns but Janardan Dwivedi hails move

P Chidambaram and Janardan Dwivedi

The Congress party on Wednesday seemed divided over the Centre's demonetise move. Former Union Finance Minister P Chidambaram raised questions over the Narendra Modi government’s decision to demonetise the currency notes of Rs 500 and Rs 1000. However, he maintained that the Congress party is not questioning the objective behind the decision.

“We are only questioning whether these objectives will be achieved”. “I don’t understand why Rs 2,000 notes have been introduced when Rs 500 and Rs 1,000 notes have been demonetised?” he said.

However, All India Congress Committee (AICC) general secretary Janardan Dwivedi, on the other hand, hailed the Modi government’s decision, saying on November 9, those who are too rich and those who are poor are almost equal. 

"Dil khush hua hai masjid-e-veeran dekhkar, meri tarah khuda ka bhi khana kharab hai," he said.

ALSO READ | Govt had demonetised high-value currency in 1978 but it failed, says P Chidambaram

"Many people will be happy and satisfied with the move. We will definitely welcome the government's move if it turns out to be successful in curbing black money," he added.

On Tuesday, in a surprize move, Prime Minister Narendra Modi, in a televised address, announced that currency notes of Rs 500 and Rs 1,000 will be discontinued in a crackdown on black money.

P Chidambaram Demonetisation Janardan Dwivedi Black Money Rs 500 Rs 1000