Make sufficient cash available at banks, ATMs: CPI
Hyderabad, Dec 1 (INN): Stating that his party was not against the demonetization policy of the Centre, CPI state secretary Chada Venkat Reddy said that the government should ensure enough flow of cash in banks and ATMs across the country.
Speaking to media persons here on Thursday, Venkat Reddy said that due to cash crunch the people are finding it difficult to meet their daily requirements. He said that the daily wagers are losing their livelihood due to non availability of cash. He demanded the state government to make public the details of the currency made available to the state by the RBI. He demanded the CM to take up the matter with the Centre and try to find solution on urgent basis saying that situation is going worse with each passing day.
The CPI leader demanded the Centre to act tough against the black money holders in foreign banks. The Modi government is silent on the stash hoarded in foreign banks, he added. He said that the party would discuss the fallout of the demonetization drive in the party's convention and would exhort pressure on the Centre to deal with the crisis immediately.
Venkat Reddy said that the party has appointed new committees to the new districts in the state and added that the party would intensify its protest to mount pressure on the KCR government to fulfill its poll promises.
News Posted: 1 December, 2016
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