Can’t fold hands and sit because it's an economic policy: SC on demonetisation
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The Supreme Court on Tuesday, while hearing petitions challenging the Centres demonetisation move in 2016, said that it cannot fold its hands and sit because it is an economic policy. Senior advocate Jaideep Gupta, representing the RBI, submitted before a five-judge of bench justices that the objective of the demonetisation policy was to curb black money and fake currencies, adding that not a single bank suffered losses.