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The Supreme Court’s ruling on the procedure governing the demonetization of currency, according to the opposition; the Congress’s demand for an apology from the prime minister.

Saturday, as the Supreme Court upheld the Centre’s 2016 demonetisation decision by a 4:1 majority, opposition parties stated that the majority verdict neither recognised the measure’s rationality nor commented on its effects and results.

Jairam Ramesh, the AICC’s general secretary in charge of communications, stated, “To imply that the Supreme Court endorsed demonetisation is utterly misleading and false.”

In response to the Supreme Court’s decision, the BJP demanded an apology from Rahul Gandhi. It was suggested that Prime Minister Narendra Modi should apologise because his “Tughlaqi judgement” had ruined small and medium-sized businesses, the informal sector, and the means of subsistence for lakhs of households.

“The negative effects of demonetization continue to weigh heavily on the economy. If anyone must apologise, it should be the so-called father of the new India,” stated Ramesh.

Former Finance Minister and prominent Congress politician P Chidambaram stated that Justice B V Nagarathna’s minority opinion reveals “illegality and anomalies” in the demonetisation process. “It may only be a slap on the wrist, but it’s a pleasant slap on the wrist,” he remarked. “The dissenting opinion will rank among the most famous dissents in Supreme Court history.”

Chidambaram stated that the minority opinion highlights the gap between the plenary legislative power of the legislature and the restricted executive power.

Before declaring demonetisation, the court has ruled on whether Section 26(2) of the RBI Act of 1934 was correctly applied, according to Ramesh, “nothing more, nothing less.”

He remarked, “The verdict has no bearing on whether or not the stated objectives of demonetisation were met. None of these objectives — lowering currency in circulation, transitioning to a cashless economy, combating counterfeit currency, putting an end to terrorism, and uncovering black money — were accomplished in a substantial way. The majority opinion addresses the narrow problem of the decision-making procedure, but not its outcomes.”

The CPI(M) Politburo stated, “The majority ruling just affirms the government’s authority to make such a decision; it does not in any way accept its repercussions.”

The NCP stated that the Centre cannot relieve itself of responsibility for the grief caused to individuals by the judgement.





Hi, my name is Nisha and I'm an educational journalist based in India. I've always been passionate about the power of education to transform lives, and that's what led me to pursue a career in journalism focused on this area. I completed my Bachelor's degree in English from Hindu College in Delhi in 2013 and then went on to earn my Master's in Journalism and Mass Communication from the Indian Institute of Mass Communication in 2017. During my studies, I also completed several short-term courses on Education in India, Sociology, and other related subjects to deepen my knowledge in this field. I'm particularly interested in improving access to quality education in rural areas, where students often face significant challenges. I've worked on a number of initiatives to address this issue, including advocating for better policies, resources, and practices that can make a difference. As an educational journalist, I'm passionate about using my platform to highlight important issues in the education space. I've covered a wide range of topics, including the impact of technology in the classroom, innovative approaches to teaching and learning, and the challenges facing students from marginalized communities. One of the things I love most about my work is the opportunity to constantly learn and grow. I'm an avid reader and believe that reading is key to expanding one's knowledge and perspective. I'm always seeking out new ideas and insights to help me better understand the world around me. In summary, as an educational journalist, I'm dedicated to using my skills and expertise to make a positive impact in the field of education. I'm committed to improving access to quality education for all students and to using my platform to raise awareness about important issues in this area.

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