CPI State secretary Chada Venkat Reddy flayed Chief Minister K. Chandrasekhar Rao for failing to ensure that enough currency comes into the State from the Reserve Bank of India. Andhra Pradesh Chief Minister N. Chandrababu Naidu, on the other hand, procured Rs. 4,000 crore worth of currency in all denominations to help people overcome the shortage of cash, he claimed.
Mr. Rao, who initially unwelcomed the demonetisation of high value currency, has now compromised with Prime Minister Narendra Modi for his benefit. He failed to bring to the notice of Mr. Modi the problems being faced by the people of Telangana. The CPI did not oppose the move to curb black money, but faulted the method adopted by the National Democratic Alliance (NDA) government, which failed to come up with alternate arrangements such as pumping enough small denomination currency, said Mr. Venkat Reddy. Telangana was lagging behind in implementation of welfare schemes – fee reimbursement, mid-day meals, and Aarogyasri, among others. Governance under the leadership of Mr. Rao has completely deranged. Since the new districts were formed in October, all the bills were pending and money was not being released even for welfare schemes, the CPI State secretary said. Mr. Reddy said Bharatiya Janata Party (BJP) leaders were launching false propaganda on social media that people were happy with demonetisation.
