KCR changes tack, adopts soft line

  • Urges party MPs not to join House protests

Hyderabad:A�Amidst ruckus in Parliament and the opposition storming the podium of the well in the House over the demonetization of high value notes by the Centre, the TRSA�on ThursdayA�took a soft stand by deciding not to join the pandemonium. A�The Congress, Trinamul Congress, SP and Siva Sena MPs rattled the Parliament which was adjourned to next day.A�

Chief Minister K Chandrasekhar Rao is learnt to have telephoned to the party MPs and asked them not to storm the podium as creating bedlam is not good. a�?Instead, we will take up the issue with Prime Minister Narendra Modi about the impact of the decisiona�?, the MPs were informed. KCR also directed his MPs to maintain decency and decorum in the House and follow a strategy to exert pressure on the Centre otherwise. a�?Our aim is to protect the state interests and serve the people,a�? KCR reportedly said.

Though other partiers are at their best to target the ruling BJP against the big notes scrapping decision, the TRS supremo seems to have adopted a conciliatory approach to the issue. Earlier, KCR had expressed serious displeasure at the Modi governmenta��s decision to scrap Rs 500 and Rs 1000 notes on the very first day of November 8. Even later, the chief minister opposed the demonetization which he claimed had adverse impact on the State Exchequer.

KCR-Modi meeting on Saturday

The chief minister had a telephonic talk with Prime Minister Modi on the situation arising out of post-demonetization. The Prime Minister has requested the chief minister to make himself available in New Delhi on Friday. Modi is expected to hold a meeting with KCR on Saturday. Modi also asked KCR to prepare a blueprint on the measures to be taken to mitigate the difficulties of the people post-demonetization.

Earlier, the chief minister reviewed the impact of the demonetization on the statea��s revenue with the chief secretary, special chief secretaries and others at his Camp Office.

Speaking on the occasion, KCR felt that if demonetization was going to help clean up the countrya��s economy, it should be welcomed. a�?Any reform is a continuous process and it should be aimed at excellence. When thinkers and intellectuals together embark on a purpose it would be nothing but success. However, any decision taken by the Centre to curb and prevent black money, should not cause misery and suffering to the lakhs of small traders, and those in the unorganised sectors as well as the common man. Efforts should be put in place to safeguard the interests of these sections in the society. The people should be made partners and stakeholders in the developmenta�?, the CM added.

The chief minister opined that all those who have more than Rs 2.5 lakh cash as income or savings should not be treated as black money hoarders. Instead, the money should be referred to as unaccounted money. These small and medium traders, businessmen and others in the unorganized sectors should be given certain exemptions. They need to be supported. They should be given one more chance to disclose and deposit their accounts thereby granting them one-time amnesty.

The Centre should also take into account how the states have incurred losses and less flow of revenue to their exchequers. To mitigate the statea��s sufferings, the Centre should defer payments from the States on the loans taken by them, the chief minister observed. He said he would bring it to the notice of the Prime Minister all these issues.


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