The leaders will meet again tomorrow to finalize the strategy on the issue agreeing at the meeting to use "all parliamentary tools including a demand for constituting a joint parliamentary committee to go into the issue and hold the government to account.
On its part, TMC chief and West Bengal Chief Minister Mamata Banerjee said her party will go ahead with its plans to meet the President tomorrow. Representatives of the National Conference and AAP are likely to accompany the TMC delegation.
Various parties have separately given adjournment notices in Lok Sabha and for suspension of proceedings in Rajya Sabha to discuss the issue and highlight the plight of the common man.
"So far as the march is concerned, there was unanimous decision by everybody that the march tomorrow is too early. As an opposition party, we must have a march in due course of time, but not on the very first day. On first day of Parliament, we must hold a discussion inside the House.
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opposition would have gone to meet the President, but as the two Houses were meeting from tomorrow the issue should first be discussed and raised there.
He said whatever the opposition members demanded if those were not not fulfilled other options can be used.
Azad also sought to corner the government by alleging that Prime Minister Narendra Modi had disclosed the move to his partymen and not adhered to the principle of confidentiality. He claimed it was a "big scam" which needed to be probed.
CPI-M leader Sitaram Yechury said government will have to allow the common people to use old currency notes for all white transactions till the time alternative arrangements are made. He also dubbed the move as "Tughlaq raj" (dictatorship), while taking a dig at the Modi government.
His colleague Mohammed Salim alleged that there have been huge transactions in cash by leaders of BJP since April and termed it as a "currency scam" that needs to be probed.
"We will unearth this currency scam and taken on the government. Prime Minister's step of trying to help them is actually insulting the common man, including his mother who had to stand in the queue (to withdraw money)," Salim said.
Asked about the opposition's strategy for taking on the government on demonetisation, Salim said, "We will seek all alternative tools in a democracy, including a demand for constituting a joint parliamentary committee to go into the issue and hold the government to account".
Yechury said the Left governments in Kerala and Tripura have already written to the Centre for allowing the states to transact in old currency till December 31.
He said government should do something so that the people get some relief and are not harassed.
Among those who attended the meeting included Congress leaders Ghulam Nabi Azad, Ahmed Patel, Mallikarjun Kharge and Anand Sharma, CPI-M's Mohammed Salim, P Karunakaran and Yechury, NCP's Tariq Anwar, RJD's Prem Chand Gupta and Jaiprakash Narain Yadav, CPI's D Raja and JD-U's Sharad Yadav.
Others present included TMC's Nadimul Haque, SP's Dharmendra yadav, BSP's Satish Chandra Misra, DMK's Kanimozhi and JMM's Sanjeev kumar, besides RSP's N K Premchandran.