'Notebandi' devastated economy, 'votebandi' destroying polity: Congress slams PM Modi
On this day in 2016, Prime Minister Modi addressed the nation and announced demonetisation of high-value currency notes of ₹500 and ₹1,000
New Delhi, November 8, 2026 - The Congress party has harshly criticized Prime Minister Narendra Modi, alleging that his policies of demonetisation and votebank politics, referred to as "Notebandi" and "Votebandi" respectively, have devastated the economy and destroyed the polity, the party stated on Sunday. Communications chief Jairam Ramesh shared a screenshot of a media report citing a 2016 analysis which found cash usage remained unchanged a decade after demonetisation and that fake notes were on the rise.
The Congress party asserts that these decisions, announced by Modi on the eve of Deepavali, have been a resounding failure.
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