Cancellation Of Rs. 2000 Notes Is A Regressive Move: Jagadish Reddy
Hyderabad, May 20 (Maxim News): The ruling BRS leader and Minister for Energy Jagadish Reddy has criticized the demonetization of Rs. 2,000 notes as a regressive move by the government, which does not contribute to the development of the country.
Speaking to press persons at Suryapet, today, he said that people still do not know why the big notes were cancelled and how much black money was recovered. He said that with the demonetization of Rs. 2,000 notes, poverty is likely to prevail in the country.
He expressed anger that Prime Minister Narendra Modi is not running the administration for the people but for a few people. It was revealed that Rs. 2,000 notes were canceled as part of feudal ideas to keep people in poverty. If there is profit in withdrawing the big currency notes, why is it not publicised? The Union Finance Minister, who lashed out at the absence of the Prime Minister’s photo in the ration shop, has questioned why he is not responding to demonetization. He criticized that people’s eyes are blinded by putting the Reserve Bank of India (RBI) in front. He demanded to know what is the secret agenda behind the downfall of BJP and demonetization. He expressed anger that why they brought the useless Rs. 2 thousand note and why they are canceling it now. It is alleged that cancellation of Rs. 2000 notes is part of the secret agenda of the investors. (Maxim News)
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