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The amount of counterfeit notes has doubled in one year! Trinamool is targeting Modi’s banknotes

PM Modi: The quantity of counterfeit notes has doubled in a single 12 months! Trinamool is concentrating on Modi’s banknotes

Kolkata: Prime Minister Narendra Modi canceled Rs 500 and Rs 1,000 notes within the nation in a single day to scale back counterfeit notes and black cash transactions. On that evening of November 8, 2016, there was a commotion within the nation. The prime minister stated the transfer was geared toward recovering black cash. Though nearly 5 years have handed because the seizure of the notes, the Modi authorities has not been capable of get better the black cash. Quite the opposite, even after the cancellation of notes, the variety of counterfeit notes has elevated by leaps and bounds within the nation. This time Trinamool MP Derek O’Brien attacked the Prime Minister on the problem of faux notes.

Derek tweeted, “Hey Prime Minister Narendra Modi. Keep in mind to cancel the notice? At the moment Mamata Banerjee was towards you. As you stated, all counterfeit notes will go away on account of notice cancellation. Now see what the report of the Reserve Financial institution says. In keeping with this info, the quantity of counterfeit notes has elevated. In keeping with the RBI report, counterfeit notes of Rs 500 have elevated by 101.9 per cent and counterfeit notes of Rs 2,000 by 54.7 per cent in 2021-22 as in comparison with the monetary 12 months 2020-21.

Namaskar Mr PM @narendramodi DEMONETIZATION?

Keep in mind? And the way aMamataOfficial swiftly took you on?

The way you promised the nation Demo would WIPE OUT ALL COUNTERFEIT CURRENCY.

Here is the newest RBI report declaring the massive improve in counterfeit notes👇 pic.twitter.com/ipmQXUF8BY

– Derek O’Brien | Derek O’Brien (erederekobrienmp) May 29, 2022

Not solely Rs 500 and Rs 2,000 notes, RBI information exhibits that counterfeit Rs 200 notes have elevated by 11.6 per cent, counterfeit Rs 20 notes by 16.5 per cent and counterfeit Rs 10 notes by 16.4 per cent. Earlier than the cancellation of the notice in 2016, the money out there was round 16 lakh crores. Now the amount of money out there is about 31 lakh crores.

Learn Additionally: Mamata Banerjee: Middle not giving cash for 100 days, Trinamool on June 5-6, shouts Mamata



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