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Jagan Pats Modi, Opposes Demonetization!

Jagan Pats Modi, Opposes Demonetization!

After keeping silent for over two weeks on the demonetization move of the Narendra Modi government, YSR Congress party president Y S Jaganmohan Reddy finally came out with a strange statement that neither criticized the prime minister nor defended the decision that caused huge inconvenience to the people.

Jagan addressed a press conference at Rajahmundry on the currency crisis, but he took over care that he did not make any strong criticism of Modi. Instead and as expected, he chose to attack his bete noire Telugu Desam Party president N Chandrababu Naidu saying the latter was aware of the decision well in advance and hence, had diverted all his black money to elsewhere.

The Opposition leader praised Modi for the good intention behind the demonetization move, but it had backfired due to lack of preparedness and faulty implementation mechanism. Strangely, he concurred with the demand of Trinamul Congress party president Mamata Banarjee that decision be rolled back till corrective measures were taken.

“Though the intentions of the Centre are genuine in nature a major decision of this magnitude should have been taken after giving a serious thought of the pros and cons instead of focusing on the element of surprise or blitzkrieg which is very badly affecting the people and their livelihood,” he said.

Prime Minister’s statement that the move was aimed at curbing unaccounted money coming through drug trafficking, terrorist activity and money laundering is welcome, but the plans went awry as it was not implemented properly, he said.

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