(PTI Photo) West Bengal Chief Minister Mamata Banerjee. (PTI Photo)Calling it ‘draconian’ West Bengal Chief Minister Mamata Banerjee on Tuesday said that Modi government’s decision to abolish Rs 500 and Rs 1000 notes will be a huge blow to the Indian middle class. Withdraw this draconian decision,” Mamata Banerjee was quoted as saying by news agency ANI. Also Read: Rs 500, Rs 1,000 notes declared illegal: Here is how politicians reactedIn a move that has rattled the nation, Prime Minister Narendra Modi on Tuesday abolished Rs 500 and Rs 1,000 notes effective midnight. The Indian government had done something similar in 1978 when it demonetised Rs 1,000, Rs 5,000 and Rs 10,000 notes.

Source: Indian Express November 08, 2016 17:52 UTC