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"It is a historic decision and is in national interest. Will Rahul Gandhi now say sorry for his campaign against demonetisation. He spoke against it even abroad," BJP's Ravi Shankar Prasad said at a press conference

SC's demonetisation verdict historic and in national interest, says BJP

"It is a historic decision and is in national interest. Will Rahul Gandhi now say sorry for his campaign against demonetisation. He spoke against it even abroad," BJP's Ravi Shankar Prasad said at a press conference

The BJP on Monday hailed the Supreme Court judgment upholding the government's demonetisation exercise as "historic" and slammed the Congress for its campaign against the decision and asked if its leader Rahul Gandhi will tender an apology after the verdict.
Former law minister and BJP leader Ravi Shankar Prasad asserted that the demonetisation done in 2016 proved to to be the "biggest blow" to terrorism by curbing terror funding. It boosted income tax and cleansed the economy, he claimed.
"It is a historic decision and is in national interest. The Supreme Court has held a decision taken in national interest valid. Will Rahul Gandhi now say sorry for his campaign against demonetisation. He spoke against it even abroad," he said at a press conference.
Also Watch| <a href="https://www.editorji.com/india-news/no-application-of-mind-by-rbi-what-dissenting-sc-judge-said-on-demonetisation-1672646828875">'No application of mind by RBI': what dissenting SC judge said on demonetisation</a>

Pronouncing the verdict on 2 January 2023, the top court said that the demonetisation exercise satisfied the test of proportionality.

Demonetisation verdict: Supreme Court calls Modi govt's note ban decision valid; one judge dissents

Demonetisation verdict: Supreme Court calls Modi govt's note ban decision valid

Pronouncing the verdict on 2 January 2023, the top court said that the demonetisation exercise satisfied the test of proportionality.

More than 6 years after the Narendra Modi government announced the demonetisation of ₹500 and ₹1,000 notes, the Supreme Court validated the decision.
Pronouncing the verdict on 2 January 2023, the top court said that the demonetisation exercise satisfied the test of proportionality, and the period of 52 days given for exchange of notes was reasonable.
While 4 judges in the 5-judge bench endorsed demonetisation, Justice BV Nagarathna dissented, saying that the note ban could've been implemented through an act of Parliament, and not by the government.
Also read|<a href="https://www.editorji.com/story/cong-to-probe-post-note-ban-deposits-if-voted-to-power-1552317749057">Cong to probe post-note ban deposits if voted to power</a>

note ban

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