As part of the nationwide protest, the Congress will be holding protests in Bengaluru and all district headquarters on Friday to mark the second anniversary of the demonetization.
On November 8, 2016, Prime Minister Narendra Modi announced the demonetization of high value-added currencies.
Chairman of the Karnataka Pradesh Congress Committee, Dinesh Gundu Rao, along with other bureau members and party workers will hold a protest at Gandhi Circle, near the Maurya Hotel on Friday.
The Congress Committee of all India has instructed all units of the Congress of States and District Congress Committees to hold "Dharna Pradarshan" with placards to oppose the demonetization.
Mr. Rao tweeted, "Our economy is in crisis and the situation is even worse. The banking / nbfc sector is on the verge of collapse. The demonetization and misapplication of the GST has been fatal. From our Prime Minister, all we get is a dead silence. "
Mr. Rao held a meeting with senior officials and members of the KPCC Bureau to define the terms of Friday's mass protest.
Social Protection Minister Priyank Kharge tweeted: "Even today, the government, the BJP and the RSS do not know anything: why there was demonetization. What was the impact? How did this benefit? Where is the black money? How has this affected terrorism? What happened to the "digital" economy? Also who is the FM? ". He added, "Women in rural areas have also been among the most affected by ill-conceived demonetization. They lost huge savings. The money they had saved for education / marriage / housing / the daily needs of their children was wiped out! "
The youth section of the state Congress staged a protest on Thursday and condemned the Modi government's decision to demonetize high-value currencies.