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How PM Modi got demonetisation figures when RBI is still counting?

The Congress party on Wednesday took a jibe at PM Modi over the figures quoted in his Independence Day speech on demonetization asking him how he knew that Rs 3 lakh crore had come into the banking system when the RBI was still counting seized notes.

“The Prime Minister said Rs 3 lakh crore, which was not in the banking system has come into it. We ask the Prime Minister, how much money has come in after demonetization. We were told that the RBI is still counting…it may take decades to count,” senior Congress spokesperson Ghulam Nabi Azad said. Azad further said that the issue is a big question as either the Prime Minister or the RBI is lying about the counting.

“When RBI is still counting then how has the Prime Minister come up with this Rs 3 lakh crore figure? Two contrary stands are being taken by the Prime Minister of India and the Reserve Bank of India,” he said.

“Since the counting of money is in progress, how can the Prime Minister make this claim. Is he now befooling the people of India? If this information is with the prime minister, then why the reserve bank did not share this information in Parliament,” he asked.

He further said both the Prime Minister and the RBI have to answer as to who is lying. He also raised questions over the recovery of Rs 75,000 crore in black money, even as the RBI is still counting the money and is yet to come up with a substantive figure.

“If the RBI is yet to segregate between the fake money and the black money, post-demonetisation, then where did this figure come from?” Azad asked.

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