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'Welcome Slap On Government's Wrist': Opposition On Notes Ban Verdict

The Congress stated the judgment doesn’t say something on whether or not word ban’s targets have been met

New Delhi:

The Supreme Courtroom’s verdict on demonetisation offers solely with the decision-making course of, and it’s “deceptive” to say that the court docket has upheld the notes ban, the Congress stated immediately.

Shortly after the court docket backed the Narendra Modi authorities’s 2016 determination in a landmark 4-1 majority judgment, the primary Opposition occasion stated the ruling doesn’t say something on whether or not the targets of demonetisation have been met.

“The Supreme Courtroom has solely pronounced on whether or not Part 26(2) of RBI Act, 1934 was accurately utilized or not earlier than saying demonetisation on November 8 2016. Nothing extra, nothing much less,” Jairam Ramesh, Congress’ communications head and MP, stated in an announcement.

The Congress chief additionally cited the dissenting opinion of Justice BV Nagarathna, who held the centre’s order to demonetise Rs 1,000 and Rs 500 notes as “illegal”. “One Hon’ble Choose in her dissenting opinion has stated that Parliament shouldn’t have been bypassed,” Mr Ramesh stated.

The judgment, he added, has “stated nothing on the influence of demonetisation which was a singularly disastrous determination”. “It broken the expansion momentum, crippled MSMEs, completed off the casual sector & destroyed lakhs and lakhs of livelihoods,” Mr Ramesh stated.

The Congress chief additional stated that the ruling doesn’t assess whether or not the acknowledged targets of demonetisation have been met. “None of those goals- decreasing foreign money in circulation, shifting to cashless economic system, curbing counterfeit foreign money, ending terrorism & unearthing black money-was achieved in vital measure,” he added.

“The bulk Supreme Courtroom verdict offers with the restricted subject of the PROCESS of determination making not with its OUTCOMES. To say that demonetisation has been upheld by the Honourable Supreme Courtroom is completely deceptive and flawed,” Mr Ramesh maintained.

Senior Congress chief P Chidambaram tweeted that “it’s essential to level out that almost all has not upheld the knowledge of the choice”. “In actual fact, the bulk has steered away from the query whether or not the targets have been achieved in any respect,” he stated.

“We’re pleased that the minority judgement has identified the illegality and the irregularities within the Demonetisation. It might be solely a slap on the wrist of the federal government, however a welcome slap on the wrist,” Mr Chidambaram stated, including that the dissenting order “will rank among the many well-known dissidents recorded within the historical past” of the Supreme Courtroom.

“We’re pleased that the minority judgment has emphasised the vital position of Parliament in a democracy. We hope that in future an unbridled Government won’t thrust disastrous choices on Parliament and the individuals,” he stated.

Shiv Sena chief Priyanka Chaturvedi, too, had phrases of reward for Justice Nagarathna’s dissenting order. “A lot respect for Justice BV Nagarathna, for standing up & talking out #Demonetisation,” she tweeted.

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