Pawan deplores demonetization
Hyderabad: Jana Sena Chief and Telugu film Hero Pawan Kalyan today reacted on the Centre for failing to assess the prevailing situation after demonetization decision.
Expressing displeasure at the Prime Ministera��s decision to demonetize big notes and creating panic situation, he said thousands of people were lining up at the banks for money. He said the Centre seems to have taken a hasty decision without making necessary arrangements. He sought immediate steps to mitigate the problem that may lead to unrest and ensure that rural economy was not destabilized due to the impact of the scrapping decision.
The actor tweeted that Prime Minister Narendra Modi could not assess in advance the ramifications before taking such a big decision of scrapping high value notes of Rs 500 and Rs 1000. He also sought the Centre as to how much money will it distribute through the cash kiosks and banks to cater to the growing demands of people lining up to draw their funds. The Centre should have taken alternative measures before taking such a big decision, he felt.