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SC silent on aims of demonetisation: Congress

2 min read

Express News Service

NEW DELHI: The Congress on Monday mentioned that almost all verdict of the Supreme Court on demonetisation has not addressed the query of whether or not the aims of the demonetisation train have been achieved in any respect.

Responding sharply to the Apex court docket’s verdict on Monday, former Finance Minister P Chidambaram mentioned that the ‘minority’ judgement identified the ‘illegality’ and the ‘irregularities’ within the demonetisation, Chidambaram mentioned on Monday quickly after the apex court docket made its verdict.

The Supreme Court on Monday upheld the Centre’s 2016 choice to demonetise the foreign money notes of Rs 500 and Rs 1,000 by a 4:1 majority. “It is necessary to point out that the majority has not upheld the wisdom of the decision; nor has the majority concluded that the stated objectives were achieved. In fact, the majority has steered clear of the question whether the objectives were achieved at all,” mentioned Chidambaram, who represented petitioners difficult demonetisation within the SC.

NEW DELHI: The Congress on Monday mentioned that almost all verdict of the Supreme Court on demonetisation has not addressed the query of whether or not the aims of the demonetisation train have been achieved in any respect.

Responding sharply to the Apex court docket’s verdict on Monday, former Finance Minister P Chidambaram mentioned that the ‘minority’ judgement identified the ‘illegality’ and the ‘irregularities’ within the demonetisation, Chidambaram mentioned on Monday quickly after the apex court docket made its verdict.

The Supreme Court on Monday upheld the Centre’s 2016 choice to demonetise the foreign money notes of Rs 500 and Rs 1,000 by a 4:1 majority. “It is necessary to point out that the majority has not upheld the wisdom of the decision; nor has the majority concluded that the stated objectives were achieved. In fact, the majority has steered clear of the question whether the objectives were achieved at all,” mentioned Chidambaram, who represented petitioners difficult demonetisation within the SC.