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Rahul Gandhi demands scrapping of cash withdrawal limit, compensation for poor hit by demonetisation

Congress vice-president Rahul Gandhi on Wednesday asked the government to repeal a daily cash withdrawal limit and pay out compensation to poor families hit the hardest by a shock recall of high-value currency last month.

Speaking to reporters on the party's foundation day, Rahul asked Prime Minister Narendra Modi waive farm loans and give 20% of the government-mandated minimum support price to farmers and pay Rs 25,000 to every woman below the poverty line.

"Repeal the daily withdrawal limit because it is taking away the financial independence of the nation," the Congress vice-president said.

Rahul Gandhi has been leading the opposition of the government's scrapping of Rs 500 and Rs 1000 notes that has triggered a nationwide cash crunch and is said to have ravaged rural incomes, besides forcing millions of people to line up before banks and ATMs.

"The prime minister's demonetisation yagna has benefitted 50 families while sacrificing farmers, labourers, youth and small traders. The government must compensate them," he said.

"PM must tell us how much black money has come back," he asked.