Politics

'Biggest scam of this century': Two sizes of Rs.500 notes?

08 Aug 2017 | By Gogona Saikia
Differently-sized Rs. 500 notes in circulation?

The "biggest scam of this century" rocked the Parliament today as the opposition alleged that the new Rs. 500 notes were being printed in two sizes, "one for the ruling party and one for the others".

Supported by TMC, SP and JD(U), the Congress launched a barrage of attacks on BJP members, alleging they had "today discovered the reason why the government did demonetization".

In context: Differently-sized Rs. 500 notes in circulation?

08 Aug 2017'Biggest scam of this century': Two sizes of Rs.500 notes?

AllegationsNew BJP ally JD(U) backs opposition charge in parliament

TMC's Derek O'Brien, SP's Naresh Agrawal and JD(U)'s Sharad Yadav displayed copies of notes of allegedly different sizes. "I can give signed (copies of notes)," Yadav said.

Congress' Anand Sharma said this questioned the credibility of the currency in circulation.

Amid slogan-shouting members, Leader of the Opposition Ghulam Nazi Azad said, "The government has no right to remain in office for even five minutes."

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Slight variation in design and sizes possible, Jaitley says

ReaxSlight variation in design and sizes possible, Jaitley says

According to Finance Minister Arun Jaitley, the opposition was indulging in "misuse of Zero Hour" by "raising frivolous issues without giving notice".

Law Minister Ravi Shankar Prasad asked where they had got the differently-sized notes from.

Jaitley assured he would look into the matter. "Given such a big print run, there can be an odd case of a note being slightly bigger."