Lagatar24 Desk
Ranchi, May 21: Hemant Soren, the chief minister of Jharkhand, claimed on Sunday that the decision to remove the Rs 2,000 note from circulation was a “political decision” akin to demonetisation.
The Reserve Bank of India (RBI) stated that the existing notes in circulation can either be deposited in bank accounts or exchanged by September 30 after announcing the removal of Rs 2,000 currency notes on Friday.
“This (withdrawal of Rs 2,000 currency notes) was a purely political decision like the 2016 demonetisation to protect their (BJP’s) political identity but they stand exposed before the masses. Unfortunately, the life span of the Rs 2,000 currency note was just six to seven years,” he said at an event here.
Soren asserted that the demonetisation had resulted in the closure of over 2 lakh small and medium-sized businesses.
”Every commodity has a life including cameras and mobile phones but unfortunately the life of the Rs 2,000 currency note lasted for only six-seven years,” he said.