Demonetisation the biggest scam, says Congress

Indian National Congress on Thursday described demonetization as the “biggest scam” and accused Prime Minister Narendra Modi of misleading the people by repeatedly making “false statements” on what the decision to junk high-value currency notes had achieved.

These remarks by senior Congress leader Anand Sharma come in the wake of the RBI’s annual report on Wednesday that revealed that Rs 15.28 lakh crore of high-value currency had returned to the system by way of public deposits – in short, that the experiment was a failure.

The Prime Minister, Mr Sharma stressed, owed the nation an explanation. “He has to accept moral responsibility. He must apologise to the country and we will continue to force accountability on this issue,” he said.

Source: http://www.thehindu.com/news/national/demonetisation-biggest-scam-says-congress/article19595702.ece