Arvind Kejriwal On The RBI’s Decision To Ban The “2000 note”: “That’s Why PM Should Be Educated.”

Arvind Kejriwal, the chief minister of Delhi, poked fun at Prime Minister Narendra Modi on Friday by claiming that “the PM needs to be educated” over the Reserve Bank of India’s (RBI) decision to remove its highest-value currency notes from circulation.

Arvind Kejriwal Targets PM Modi on the 2000 Note

“At first, they claimed that importing 2000 notes would end corruption. They now claim that by outlawing 2000 notes, corruption will come to an end. That is why we argue that PMs ought to be educated. To an uneducated PM, anyone can say anything. He does not comprehend. “The people have to suffer,” tweeted Kejriwal in Hindi.

The RBI announced the removal of the 2,000 currency notes from circulation more than six years after their introduction. It was made clear that the money would still be accepted as legal tender more than six years after their introduction. It was made clear that the money would still be accepted as legal tender. The public has until September 30 to deposit such notes in accounts or exchange them at banks, according to the central bank.

Notably, the introduction of the 2,000 note in November 2016 was primarily aimed at quickly addressing the economy’s need for money following the removal of the legal tender status of the 500 and 1,000 bank notes that were in use at the time.

What is the maximum amount that can be exchanged?

The maximum amount that can be exchanged for other currency notes at one time is 20,000 rupees (10 notes of 2,000 rupees), despite the fact that the RBI did not put a cap on the amount of 2,000 rupee notes that could be deposited in bank accounts.

Rival parties target PM Modi

Several opposition parties began to criticize PM Modi and his administration as a result of this action.

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As expected from our self-proclaimed Vishwaguru. FAST stands for the first act, second thought.” The uniquely disastrous ‘Tughlaqi firman’ of November 8, 2016, saw the introduction of the 2,000 rupee notes, which are now being withdrawn, according to Congress general secretary Jairam Ramesh.