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.â€

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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