Monday, September 15, 2025
spot_img

Chidambaram says add another Rs 50,000 cr as cost of note ban

Date:

Share post:

spot_imgspot_img

New Delhi : In yet another jibe at the government over demonetisation, former Finance Minister P. Chidambaram on Friday said another Rs 50,000 crore should be added to the cost of the note ban exercise that was undertaken last year.

“Cost of demonetisation: Add another Rs 50,000 crore revealed by RBI,” he tweeted in the wake of an RBI statement that it would pay Rs 30,659 crore as dividend to the government in 2016-17, less than half of the dividend transferred a year earlier.

He also asked whether RBI would reveal the breakdown of the Rs 50,000 crore “loss/expenditure”.

“Will RBI also tell us cost of destroying old notes and cost of printing new/replacement notes,” Chidambaram asked in another tweet. (IANS)

spot_imgspot_img

Related articles

K’taka HC quashes petitions opposing Banu Mushtaq inaugurating Dussehra festival

Bengaluru, Sep 15: The Karnataka High Court on Monday quashed all three petitions submitted by former BJP MP...

BIMSTEC Young Leaders’ Summit focused on youth-led holistic development, says MEA

New Delhi, Sep 15: The BIMSTEC Young Leaders' Summit, hosted by India, highlighted the significance of young people's...

PM Modi’s swift action shows how deeply he cared: Minister Raksha Khadse on 2024 Nepal bus tragedy

New Delhi, Sep 15: Union Minister of State for Youth Affairs and Sports Raksha Khadse on Monday said...

Justice M. Sundar sworn in as 10th CJ of Manipur High Court

Imphal, Sep 15: Justice M. Sundar was on Monday sworn in as the tenth Chief Justice of Manipur...