Finance Minister Nirmala Sitharaman today welcomed the Supreme Court's decision on demonetisation.

The Supreme Court on Monday upheld the demonetisation decision of the central government.

The top court said that the central government's decision to demonetise old Rs 500 and Rs 1,000 notes in 2016 was correct.

Referring to the Supreme Court's decision, Nirmala Sitharaman tweeted, "Today's decision of the Hon'ble Supreme Court on demonetisation is welcome. A five-judge Constitution Bench (through a 4-1 majority) carefully examined the issue." has upheld demonetisation and dismissed several petitions challenging the decision."

He further wrote, "Even the dissenting judge has stated that" demonetisation was a well thought out and well thought out decision aimed at curbing the evils plaguing the country's economy, such as black money, terror financing and fake currency was to target.

The SC remarked: "The decision of the Central Government was subsequent to the approval of the RBI Board which reflects the inherent safeguards against the powers of the Centre. It cannot be said that there is a delegation of excessive power to the Center under the RBI Act which is subject to the approval of the Parliament." is accountable."

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