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Tweaking of rules will not do: TMC on demonetisation

Tweaking of rules will not do: TMC on demonetisation
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RBI has also promised to review the weekly limit in the near future depending on the pace of remonetisation.

Trinamool Congress on Monday demanded that all restrictions on withdrawal of money should be done away with, even as Reserve Bank of India announced lifting of daily restrictions on cash withdrawals from ATMs as well as current accounts.

"Just tweaking rules will not do. Withdraw all restrictions on withdrawals. Yes, all", TMC national spokesperson Derek O'Brien said.

RBI has also promised to review the weekly limit in the near future depending on the pace of remonetisation.

TMC had earlier in the day announced that its MPs will not be present in Parliament on the first two days of the Budget Session in protest against demonetisation which was implemented without taking Parliament into confidence, and restrictions on withdrawal limits from bank accounts which are still in force.

The statement was jointly issued by O'Brien, Kalyan Banerjee, TMC Chief Whip in Lok Sabha, Saugata Roy, party's deputy leader in Lok sabha, besides Dinesh Trivedi and Sukhendu Sekhar Roy, both MPs.

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