This Article is From Nov 22, 2016

Shiv Sena Changes Stance On Cash Ban, Calls It 'Bold And Historic Move'

Shiv Sena Changes Stance On Cash Ban, Calls It 'Bold And Historic Move'

The Shiv Sena marked a U-turn in their stance on the cash ban and lauded the BJP government on the move

New Delhi: Marking a complete U-turn in their stance on the currency ban, a delegation of Shiv Sena lawmakers on Tuesday met Prime Minister Narendra Modi and lauded the move as "a bold and historic decision" and assured of their full support.

The Members of Parliament, who called on the Prime Minister in his Parliament House office, stated that they are with the BJP-led National Democratic Alliance (NDA).

"Our MPs had a good meeting with the Prime Minister. The delegation assured him that we are all in the NDA," a senior party leader told Ino-Asian News Service.

"Nothing much or politically significant should be read in the Sena participating in the march to Rashtrapati Bhavan with Trinamool Congress chief Mamata Banerjee," he added.

However, the delegation led by the party's floor leader in Rajya Sabha, Sanjay Raut, urged the Prime Minister "to make judicious use of the dense network of co-operative banks and allow them to participate in the demonetisation drive".

According to sources, during the meeting, Mr Modi also recalled the BJP's long association with the Shiv Sena.

The two-page memorandum submitted to the Prime Minister, however, said that the "on-ground situation" in the last 13 days -- since the announcement to ban high denomination currencies -- has become "alarming".

The letter signed, among others, by Sanjay Raut and party lawmakers like Anandrao Adsul (Deputy Leader of Sena in Lok Sabha), Chandrakant Khaire and Arvind Sawat, pointed out that as per the government directives, the rural and co-operative banks and credit societies are not eligible to handle currency exchange transactions.

"A large section of our population, who don't have accounts in nationalised banks, has been put in a precarious situation after this move," the letter said.

The Sena also demanded that the banned notes collected by various institutions in the cooperative sector in Maharashtra since demonetisation "be accepted by the nationalised banks".
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