Kerala CM said that the Centre had not taken the states into confidence before announcing such a major step.

Pinarayi urges Centre to convene CMs meet to discuss recession following note ban
news Demonetisation Tuesday, September 12, 2017 - 09:08

Kerala CM Pinarayi Vijayan urged the Centre to convene a meeting of state chief ministers to discuss post-note ban recession and consequent problems following demonetisation.

Pinarayi Vijayan said that the Centre had not taken the states into confidence before announcing such a major step.

"Let us set aside our political differences and develop an action plan to improve the conditions of the small farmers, small businessmen," he said in a Facebook Post reports Manorama Online.

Prime Minister Narenda Modi, at least now, should be ready to call a meeting of Chief Ministers to discuss the issue, Pinarayi Vijayan said.

"In reality, the poorly planned demonetisation has affected the poor and weak people," he said.

He added, " I am not an economist or a banker and as of now do not intend to get into the technical or economic part and whether RBI gained or lost by the exercise.”

Kerala had objected to demonetisation from the beginning and organised protests against it. 

Pinarayi Vijayan called it a political conspiracy backed by BJP and rejected the BJP’s allegation that cooperative societies are a hub for black money.  

Finance Minister Thomas Isaac had even released a 100 page book, 'Kallappana Vetta: Midhyayum Yadharthyavum' (Hunt for Black Money: Fantasy and Reality) in which questions about demonetisation were put together. 

He even termed the Union government's move as a natural calamity.

The CM along with his cabinet colleagues even sat on a dharna in front of the RBI office in Thiruvanananthapuram against demonetisation, which he said would destroy the cooperative sector in the state.

 

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