The Congress has planned a nationwide protest on Friday to mark the second anniversary of demonetisation. The Congress has asked its state units to hold protest demonstrations at every district headquarters across the country against the PM decision. On November 8, 2016, PM Modi, in an unexpected move, announced the scrapping of the existing Rs 500 and Rs 1,000 notes with immediate effect. The sudden withdrawal of notes led to liquidity shortage, with long queues outside banks.