Demonetisation was to whitewash black money: Yechury
New Delhi, Mar 22: CPI(M) general secretary Sitaram Yechury Friday said demonetisation was to "whitewash" black money, amidst reports that the current cash in circulation has jumped by more than 19 per cent from the pre-note ban days.
Media reports have indicated that the cash in circulation has jumped by 19.14 per cent to Rs 21.41 lakh crore as on March 15 this year from the pre-demonetisation level of Rs 17.97 lakh crore on November 4, 2016.
"Demonetisation by Modi on a whim, against all advice from RBI, was a way to whitewash black money. We know how jobs and lives were destroyed by notebandi. Now claims like 'cashless' economy also have turned out to be false and misleading Jumlas. #DemonetisationDisaster," Yechury tweeted.
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Iran’s Fars reports missiles hit US warship near Hormuz after it ignored warnings from IRGC
Tehran/Washington: Iran’s Fars News Agency has reported that two missiles struck a US Navy vessel near Jask in the Strait of Hormuz, citing local sources.
According to the report, the vessel was hit after it allegedly ignored warnings from the Islamic Revolutionary Guard Corps (IRGC) to halt.
There has been no official confirmation from US authorities on the reported incident so far.
The development comes shortly after US President Donald Trump said Washington would begin “Project Freedom” to guide stranded ships through the Strait of Hormuz.
US Central Command said the operation would involve 15,000 military personnel along with more than 100 land- and sea-based aircraft, warships and drones.
Further details about the reported strike and any damage or casualties remain unclear.
