Telugu Politics

Support demonetization and wait until deadlines:Urges KCR

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Despite some loss to the Financial Department of Telangana government, KCR finally took his stand on PM Modi’s demonetization.

On yesterday, touted to be the first day of Assembly sessions, CM KCR has opened up his stand on burning issue demonetization. He declared that he extend his wholehearted full support to PM Modi and applauded his critical move to eliminate black money.

KCR urged people to be patient until the deadlines for the exchange of money to see fruitful results. He gave his assurance for the people of Telangana that they will see the benefits of demonetization soon after the deadlines. KCR even wished for Modi to not change his stand on demonetization as it can eliminate corruption, black money, terrorism to have clean India. He then concluded that the government of Telangana will support and adopt cashless transactions for government issues followed by common people as well.

At one point of time, KCR has batted for PM Modi when the oppositions have starting hitting NDA Government over demonetization. According to them, the financial crisis for the state has multi-folded due to this demonetization. Immediately KCR answered them that the losses were not as much as all have anticipated and they can be solved.

He backed his answer by saying that Telangana has more population in Urban areas to have cashless transactions for business and living. Political critics are in a conclusion that KCR has come to know the entire future plan post the deadline.