Demonetisation debate in Rajya Sabha: As it happened on Wednesday

The first day of the Parliament's Winter Session witnessed the Congress-led Opposition attacking the Narendra Modi-led NDA government over its decision to ban old currency notes of Rs 500 and 1000, and demanding an immediate rollback.  

By Ritesh K Srivastava | Last Updated: Wednesday, November 16, 2016 - 23:51
Pic courtsey: Twitter/ANI

New Delhi: The first day of the Parliament's Winter Session witnessed the Congress-led Opposition attacking the Narendra Modi-led NDA government over its decision to ban old currency notes of Rs 500 and 1000, and demanding an immediate rollback.

Earlier, Prime Minister Narendra Modi said that his government is ready for any debate on the demonetisation issue, while seeking support of the Opposition in the 'best interest of the nation'. 

Here are the updates :-

16 November 2016, 16:50 PM

It will ensure golden future for India, just have patience: Rajnath Singh.

16 November 2016, 16:49 PM

Home Minister Rajnath Singh, while addressing a rally in Rewari, Haryana, says demonetisation good for the country.

16 November 2016, 16:47 PM

Loan to Vijay Mallya's Kingfisher a write-off 'only in books,' but the Govt still pursuing his case: Arun Jaitley's reply in Rajya Sabha. 

16 November 2016, 16:46 PM

Mayawati too raises the issue of Janardhan Reddy's lavish family wedding, asks BJP "why no action for spending ₹500 crore?"

16 November 2016, 16:45 PM

The fact is that these 10 months were used to handle black money accumulated by BJP leaders and big industrialists: Mayawati.  

16 November 2016, 16:07 PM

PM Modi said govt has been preparing for demonetisation since 10 months, that is enough time, still situation is out of control: Mayawati. 

16 November 2016, 15:59 PM

People are facing difficulties coping with the note ban, says Mayawati.

16 November 2016, 15:58 PM

Demonetisation was pushed without adequate preparation, the country has virtually come to a standstill: BSP chief.

16 November 2016, 15:58 PM

BSP chief Mayawati speaks on demonetisation issue in Rajya Sabha.

16 November 2016, 15:43 PM

Do not stop for usage in hospitals, transport, railway tickets. Get your alternative ready, ATMs are not calibrated: Sitaram Yechury.

16 November 2016, 15:42 PM

Till those alternative arrangements are not in place, allow these notes to be transacted for all white transactions, public purposes: Yechury.

PM said 50 more days required for alternative arrangement to come into place: Yechury.

16 November 2016, 15:38 PM

Only 6% black money is in cash, rest of the black money exist in other forms: Sitaram.

16 November 2016, 15:34 PM

Only Sweden has a fully cashless economy in the world because they have 100% internet penetration: Yechury

16 November 2016, 15:34 PM

If you stop Rs 500/1000 notes, do you think corruption will stop? Now corruption will double with Rs 2000 notes: Sitaram.

16 November 2016, 15:33 PM

Mallya’s loan is restructured while the loans of our farmers are not forgiven and they are committing suicide: Yechury.

PM told us 90% of black money is abroad, it will come back and we will get 15 lakhs in our accounts, what happened to that?, asks Yechury.

16 November 2016, 15:32 PM

Paddy price has fallen, thousands of trucks with goods are standing on the national highway: Sitaram Yechury.

Notes ban is creating chaos in the country. Suicide on rise due to govt's demonetisation move: Sitaram Yechury.  

16 November 2016, 15:21 PM

Huge cash amount in high denomination currency was deposited in a Kolkata bank by the local BJP party unit, alleges Sitaram Yechury.

16 November 2016, 15:20 PM

Now we have Modi Antoinette, "If you don't have paper, use plastic"; what is the coverage of your plastic money?, asks Sitaram Yechury.

16 November 2016, 15:19 PM

Biggest hoarders of black money do not stash them under beds. They invest in real estates, bullion and make more black money: Sitaram Yechury, MP, CPM

Big crocodiles are surviving, the small fishes have died: Sitaram Yechury.

16 November 2016, 15:18 PM

What is called demonetisation is 86% of our cash transactions; country today is living on cash transactions of 14%: Sitaram Yechury.

Sitaram Yechury, MP, CPM takes the demonetisation debate forward in Rajya Sabha.

16 November 2016, 13:50 PM

Sonia Gandhi asks Congress LS MPs to fight for rights of people facing problems due to Govt's demonetisation move, says ANI.

16 November 2016, 13:49 PM

Congress president Sonia Gandhi meets party Lok Sabha MPs in the Parliament, says ANI.

16 November 2016, 13:39 PM

Save the commoners from the disaster: Mamata Banerjee urges PM Modi.

We will tell the President about the entire issue, says Mamata Banerjee.

16 November 2016, 13:38 PM

Rajya Sabha adjourned till 2 pm.

16 November 2016, 13:11 PM

Several Opposition parties, including Congress, plan to bring an adjournment motion on demonetisation issue in Lok Sabha tomorrow.

16 November 2016, 13:10 PM

Separately, West Bengal Chief Minister Mamata Banerjee, along with leaders of Shiv Sena, Akali Dal, Aam Aadmi Party, and National Conference, marches to Rashtrapati Bhavan against demonetisation.

Farmers' produce rotting as there are no buyers due to cash crunch: Ram Gopal Yadav in RS.

Ram Gopal Yadav speaks in Rajya Sabha on demonetistion.

Ghulam Nabi Azad speaks on demonetisation in Rajya Sabha, wants PM to be part of discussion.

16 November 2016, 12:33 PM

 

I appeal to the people, please be assured the honest will not be hurt by this at all, says Piyush Goyal.

If this is a surgical strike on black money, corruption, terrorism then it is a certificate: Piyush Goyal.

The PM and the government was well within its rights to take this step. It was taken by the monetary board of the RBI, says Piyush Goyal.

Today a festival of honesty is being celebrated across the country. There are no curbs on the common man today, it is only on criminals. What kind of a House can have objections to that, asks Piyush Goyal.

Demonetisation is a historic move to end grant in country: Piyush Goyal.

16 November 2016, 12:32 PM

Anand Sharma's knowledge of economy weak: BJP.

16 November 2016, 12:31 PM

Citizens of India fully backing govt on the note ban move. Measures like this necessary to expose black money: Piyush Goyal.

16 November 2016, 12:30 PM

BJP's Piyush Goyal replies to Opposition charge in RS.  

16 November 2016, 12:04 PM

I condemn PM's statement in Goa for mocking the people who are standing in queues; he must apologise: Anand Sharma.

16 November 2016, 12:03 PM

Prime Minister said I’ve given up everything – you go all around the world, what sacrifice is this? Anand Sharma.

16 November 2016, 12:01 PM

Govt has no right to curb any limit on cash, says Sharma.

16 November 2016, 12:00 PM

Congress patry questions govt's demonetisation move; farmers are suffering and black money hoarders are not affected: Sharma.

16 November 2016, 11:58 AM

If you have taken out so much money, why wasn’t the replacement available the next day, asks Anand Sharma.

16 November 2016, 11:57 AM

Today you have created an environment where you cannot ask questions: Anand Sharma in Parliament.  

16 November 2016, 11:51 AM

You did not listen to anybody. Just went ahead and announced and asked the common man to comply: Anand Sharma

16 November 2016, 11:51 AM

You have brought financial anarchy to the country, says Anand Sharma.

16 November 2016, 11:48 AM

Congress says 'note ban has given bad reputation to India'.

16 November 2016, 11:45 AM

We are a civilized country, rule-based country – and you made all its citizens criminals, asks Anand Sharma.

16 November 2016, 11:45 AM

Do farmers have credit cards? Which economy works without cash?, asks Anand Sharma in Rajya Sabha on government's demonetization move.

16 November 2016, 11:44 AM

The farmer has to buy seeds, pesticides, manure and he is not paid. He cannot earn because he is standing in line: Anand Sharma.

16 November 2016, 11:44 AM

Does the farmer, who puts food on our table, bring home black money? Anand Sharma in Rajya Sabha.

16 November 2016, 11:44 AM

Black money has negative connotations, I consider it racist: Congress leader Anand Sharma.

 

16 November 2016, 11:43 AM

It suggested that India’s economy is being run only by those with black money, says Anand Sharma.

16 November 2016, 11:43 AM

The government has to explain that was the money that was kept with the common people of the country was it all black money? Anand Sharma

16 November 2016, 11:40 AM

Whole India is crying after PM Modi's demonetisation decision: Anand Sharma.

16 November 2016, 11:38 AM

When Finance Minister was asked in August that how much fake currency is there in the nation, he said 0.02%: Anand Sharma in Rajya Sabha.

16 November 2016, 11:37 AM

Modi ji took the decision of demonetisation; you are now standing in the queue; have you seen any rich people standing there?, says Rahul Gandhi in Maharashtra.

16 November 2016, 11:35 AM

There is no second opinion in this House on terrorism and drug trade. We are all with the government in fighting black money, says Sharma.