The government said it was ready to listen to suggestions of members regarding deficiencies if any in implementation of demonetisation so that these could be corrected.
Home Minister Rajnath Singh said it should be left to Speaker Sumitra Mahajan to take a decision regarding the rule under which the debate should be undertaken.
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The Opposition, however, maintained its demand that a debate should be held under Rule 184 which entails voting.
An attempt was made to take up the debate under Rule 193 which does not entail voting, with TRS leader A P Jithender Reddy being called to initiate the discussion.
As Opposition members protested the move, Parliamentary Affairs Minister Ananth Kumar said for the past two weeks all members have been seeking a debate on the issue of note ban. He said while the opposition has been demanding a vote on the debate, it should be held under Rule 193.
As Reddy rose to speak, Trinamool Congress members surrounded him and created a lot of noise by resorting to shouting, including using the TRS leader's microphone.
Meanwhile, Congress members were in the Well of the House, shouting slogans.
Reddy, who has been favouring a debate under Rule 193, spoke briefly but nothing could be heard in the din.
Parliamentary Affairs Minister Ananth Kumar also said something which could not be heard.
As chaos prevailed, the House was adjourned for the day at around 2.10 pm.
After the proceedings ended, Trinamool Congress members, who were surrounding Reddy, were seen shaking hands with him. Later, Reddy went up to Rajnath Singh and the two were seen chatting, with the Home Minister patting him.
Earlier also, the House was stalled due to chaos because of divergence of positions over mechanism for voting.