Congress leaders detained by police while protesting over Demonetisation

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RS Surjewala said Demonetisation is a complete mismanagement for the economy and asked Prime Minister Narendra Modi to unshackle the Reserve Bank of India (RBI) so that its autonomy can be retained.

Leader of the Opposition in the Rajya Sabha Ghulam Nabi Azad also said that the RBI had been reduced to a "rubber stamp of the government" and demanded RBI Governor Urjit Patel's resignation.

Patil, who addressed the activist during the agitation, said the Modi government has been trying to hand over the money, deposited by poor and middle class people, to black-listed private companies, which have not repaid thousands of crores of rupees to the banks.

The protest rally, which started around 12 pm, was attended by the party's leaders and workers.

Congress leaders detained by police while protesting over Demonetisation

The demonstration is in protest of not lifting the weekly withdrawal limit of Rs 24,000 and not restoring money supply despite a paralysed economy, massive loss of jobs and closure of businesses on daily basis, Congress chief spokesman Randeep Singh Surjewala said. The Congressmen were detained by police when they tried to march to the RBI office in Gomti Nagar and lock it down, alleging that the bank has failed on all fronts to address the woes of common man after the Centre announced demonetisation of high value notes in November past year. The Congressmen were detained by police when they tried to gherao the RBI and lock it down, alleging that the bank has failed on all fronts to address the woes of common man after the Centre announced demonetisation of high value notes in November previous year. Mr Tripathi said the protests were organised by the Party to highlight the plight of the people. "We gave them permission for their gathering only, not for holding rally till RBI on the other side of the bridge".

The Congress party has planned to launch nation-wide protests targeting the Modi government over demonetisation in between January 20 and 30. The party has accused the central government of "compromising the autonomy" of RBI and making it function like a branch of the Rashtriya Swayamsevak Sangh.

While a delegation led by Prithviraj Chavan went inside the RBI to submit a memorandum, some Congress workers outside the office raised slogans and the situation became tense.

In Assam, violence erupted after Congress supporters tried to break through the security barricade to enter the RBI premises, reported PTI.

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