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Leading the charge, senior party leader and Finance Minister Arun Jaitley slammed the Congress over its stand against demonetisation, alleging it did not take a single significant step against black money when in power, and listed out a number of measures taken by the Modi government against the menace.

On November 8, the party will organise programmes highlighting all the steps the government has taken against black money.

Congress leader Ghulam Nabi Azad on Tuesday said, "18-Party Opposition Coordination Committee met yesterday and made a decision to observe November 8 as a "black day" due to demonetisation". "On November 8, the BJP will celebrate "Anti-Black Money Day" and mobilize people in favour of the steps taken against black money", Jaitley told reporters here.

The finance minister also rejected the criticism that note ban decision did not expose black money, saying it came from those who did not understand its objects.

"Agreements with Mauritius and Cyprus that allowed round tripping of money have been reworked". Addressing a press conference, Finance Minister Arun Jaitley on Tuesday stated that India has been the fastest growing major economy for the last three years and that the attempt is to maintain high growth rate in coming years.

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"Various account holders in banks which were illegal, cases were filed against them".

O'Brien described demonetisation as a "big scam" and added that TMC leader and West Bengal Chief Minister Mamata Banerjee was the first leader to point this out.

"The Congress had adequate opportunity to be in power".

Sharma, flanked by Congress communications incharge Randeep Surjewala, accused Modi and Jaitley of showing "arrogance" by not admitting their "mistakes" of noteban decision and GST implementation which, he alleged, hit the country's economy hard and halted its growth story. It was a huge step for squeezing cash economy, cash-based transactions and widened the tax base.