CPM slams KCR, Naidu for backing PM’s move

Hyderabad: Stating that the BJP was behaving atrociously, CPM senior leader BV Raghavulu has alleged that the TRS party and TDP were extending support to the demonetization of big notes by Prime Minister Narendra Modi. He demanded the Centre to allow the people to use old notes till December 31. 

The CPM organised a rally from Sundaraiah Vignana Kendram to RTC Cross Roads here on Monday protesting against the demonetization of big notes as part of nationwide harthal. Raghavulu alleged that the people, labour, farmers and businessmen were facing severe hardships due to demonetisation of big notes.

Cash-starved people lost faith in govt: Shabbir Ali

Meanwhile, leader of Opposition in the Telangana Legislative Council Mohammed Ali Shabbir said Modi’s ‘demonetization gimmick’ has bled the common man and caused chaos and insecurity in the country. As there was no relief to the common man even after 20 days, the disillusioned people have lost faith in both the Modi and KCR governments, he said. 

Participating in a protest demonstration before the RBI office in Hyderabad on Monday as part of the “Aaakrosh Day” protest call given by the AICC, Shabbir Ali  said  the people had lost confidence in Modi’s statements and were hesitating to accept the new Rs 500  and Rs 2000 notes. He also alleged the new notes have printing mistakes.

Shabbir Ali also assailed Chief Minister KCR for remaining silent to the suffering of daily wage earners, petty traders and women, who were all driven to stand before banks and empty ATMs. The Chief Minister has miserably failed to hammer out a solution in spite of his three meetings with the Prime Minister, Shabbir Ali said.

TPCC president Uttam Kumar Reddy and Leader of Opposition in the Assembly K Jana Reddy also participated in the protest and handed over a memorandum to the Regional Director of RBI on the failure of the government to resolve the money crisis.

SEMINAR: St. Joseph’s Degree and PG College, King Koti, is organizing a two-day seminar on “Challenge and Opportunities of Demonetization” on November 29 and 30 in the college. Many experts from different walks of life will take part.

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