KCR meets Modi, seeks moratorium on taxes

New Delhi: Telangana Chief Minister K Chandrasekhar Rao has urged Prime Minister Narendra Modi to impose moratorium over payment of taxes to the Centre by the state. He also urged Modi to release adequate number of new Rs 500 notes and Rs 100, Rs 50 and Rs 20 notes. 

During his hour-long meeting with Modi, on Saturday, the chief minister apprised him of financial implications on the state business and exchequer and urged him to see that the old notes are used in villages to avoid problems to farmers and common people. He is learnt to have urged the Prime Minister to give tax exemption to women who saved above Rs 2.50 lakh and take steps to see that the common man is not put to hardship for weeks and suffer due to scrapping of high value notes. 

KCR also appealed to the Prime Minister to take immediate measures to see that private hospitals receive old notes. The demonetization has adverse impact on various markets, small businesses, hospitals, small time vendors, grocery shops and other businesses, KCR informed Modi. It is also said that the chief minister apprised Modi of the problems being faced by men, women and youth queuing up at ATMs and banks either to exchange their money or to withdraw amount.

Enraged cop destroys empty ATM machine in Vizag

In Visakhapatnam, an exasperated police constable, who failed to get money at an ATM center even after a long wait, reportedly lost his temper and damaged two ATM machines. This incident occurred in Paderu, where SBI had one ATM machine. One constable reportedly came to the ATM center on Friday night to draw money and waited patiently for some time. When his turn came and he was about to draw money, the machine failed and he was deprived of money. 

The exasperated constable, in a fit of ill-temper, reportedly kicked the machine four or five times and left. As he was unable to control his emotion, the frenzied cop again ran towards the ATM centre and smashed two machines to let out his anger. 

On receipt of the information, bank officials visited the ATM centre and locked it. With the lone ATM centre getting closed down, the cash-starved people in the area cursed their fate as well as the Union government for not making adequate arrangements for money disbursal at banks.




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