With people facing a cash crunch across the country, TRS MLC Palla Rajeshwar Reddy requested the central government to release Rs 100 and Rs.500 notes. Requesting the BJP-led government at the Centre to strengthen the banking sector and protect the common man, Reddy said, â€śWe are requesting to the central government, on behalf of TRS party that, the banking sector needs to be standardised and Rs.100 and Rs.500 notes to be released as soon as possible.â€ť
Addressing a press conference, Reddy accused the Congress of having black money, stating, â€śFor nearly 60 years, Congress has been ruling our country. All the scams are done by Congress. Today if it is said that black money is with any political leaders, then it is only with the Congress leaders.â€ť
He also praised Chief Minister K Chandrasekhar Rao, suggesting that KCR was the best CM in the country and was doing a better job than his counterparts in other states.
Meanwhile, in Tirupati, CPI activists are protesting against the demonetisation of high-value notes.
CPI national secretary, K Narayana said that demonetisation is causing huge problems for the common man.
â€śModi may have done this for people who have black money but instead of rich only middle class people and poor people are suffering. Till now not even a single rich person has been seen at the banks,â€ť he claimed.
Earlier, Narayana has said that the decision to withdraw high-value currency was for a good cause but argued it would not bring back black money stashed by industrialists and politicians.
The CPI leader also suggested that several leaders were aware of the Centreâ€™s demonetisation move prior to the announcement, pointing out that AP CM N Chandrababu Naidu had written a letter to the Centre on the withdrawal of high-value notes before Prime Minister Narendra Modiâ€™s speech on November 8.