Owaisi Poses Five Questions to ‘Top Economist’ Modi on Rs 2,000 Note Rollback

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Team Clarion

NEW DELHI — AIMIM chief and member of parliament from Hyderabad Asaduddin Owaisi on Saturday posed five questions to Prime Minister Narendra Modi on the Reserve Bank of India’s (RBI) decision to roll back Rs 2,000 currency notes.

The questions include the future of Rs 500 notes and the role of Bill Gates-owned ‘Better Than Cash Alliance’ in the demonetisation of 2016 and the latest RBI decision.

Taking a dig at the prime minister, Owaisi called him a ‘Top Economist’, media reports said.

Questions from Owaisi to PM Modi:

1. Why did you introduce the 2000 note in the first place?

2. Can we expect 500 notes to be withdrawn soon?

3. 70 crore Indians don’t have a smartphone, how do they do the digital payment?

4. What is the role of Bill Gates-owned Better Than Cash Alliance in making you do Demo 1.0 and 2.0?

5. Is NPCI (National Payments Corporation of India) being hacked by Chinese hackers? If so, what will happen to payments when war happens?

The RBI issued a notification on Friday stating that it will withdraw Rs 2,000 currency note from circulation but it will continue to be legal tender. It has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.

The high-value notes came into circulation in 2016 after the demonetisation of the then existing Rs 500 and Rs 1,000 notes. Several people lost their lives queuing up for long hours to exchange the demonetised currency notes.

Raising alarm over a potential hack of the National Payments Corporation of India,  Owaisi tweeted, “Is NPCI being hacked by Chinese hackers? If so, what will happen to payments when war happens?”

Currently, Prime Minister Modi is on an official tour to Japan attending the G7 summit.

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