Demonetisation still remains a sensitive and complicated problem: Chandrababu Naidu

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On 9 November, hours after the Prime Minister came out with the demonetisation announcement, the Telugu Desam Party started claiming credit saying it was a “victory for Chandrababu” over his fight on corruption.

“This is a moral victory for the TDP,” it said on posts on Facebook and Twitter.

“Prime Minister Modi may have taken the decision now but Chandrababu had these thoughts even when he was in the opposition (2004-14). He had been fighting for scrapping of Rs 500 and Rs 1000 notes since then,” the TDP said in a Facebook post.

The party media cell dug out newspaper clippings dated back to 2013 June when Chandrababu raised the demand for the first time.

But as people started facing trouble in exchanging the scrapped notes as well as in withdrawing cash from their savings accounts, Chandrababu seemed to change his tone and started making critical remarks about the Centre’s move, particularly the introduction of Rs 2,000 notes.

“I am spending two hours daily to ease the problems caused by demonetisation. I am breaking my head daily but we are unable to find a solution to this problem,” the CM said on Tuesday.

“We could resolve the ‘August crisis’ (an internal party coup dating back to 1984) in 30 days but this (demonetisation) still persists,” he said.

He said banks were “not prepared” for a transition to digital economy. “They are unable to even register banking correspondents,” he added. Unless there were remedial measures, people’s woes would continue in the long-term, Chandrababu warned.

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(Sourced from agencies, feature image courtesy:oneindia.com)

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