The Congress Friday alleged that demonetisation was a "scam" to convert black money to white and asked the BJP to declare who is responsible for the "economic loss" caused by the Modi government's move.

Congress' chief spokesperson Randeep Surjewala said Prime Minister Narendra Modi had called the demonetisation "disaster" an economic revolution and had given tackling black money, counterfeit currency, terrorism and Naxalism as reasons for the move.