Modi was speaking like a Maoist says Jaipal Reddy

Hyderabad December 14 : Congress senior leader S. Jaipal Reddy said that people were facing severe hardships with the demonetization of big notes.

He alleged the P.M Modi that no prime Ministers across the world troubled the people.

Speaking to the media here on Tuesday at gandhi bhavan, he said that the national profit fell down to low level.

He alleged that Modi has no maturity in ruling the country. The Centre changed the law for 108 times after the demonetization of big notes. There were Rs. 14.18 lakh crore worth Rs.1000 and Rs.500 notes were in use and already Rs.13 lakh crore were deposited in the banks and Modi was going to tell the people that there was no black money in the country.

He said that economists cautioning that, the people would face the cash crunch troubles till March with demonetisation of big notes.

Apart from the issue, no rich person faced trouble after the banning of high denomitised notes, here he said that common people have been experiencing the great loss.

He questioned the govt to tell as to how thousands of crores of rupees were coming out from the rich people.

Modi's decision of demonetisation of big notes was an economical tyrant, he alleged and asked Modi to tell whether rules and regulations are not applicable to Gali Janardhan Reddy and Union Minister Nithin Gadkari.

Jaipal Reddy said that Modi took demonetisation of big notes decision even though RBI refused it.

He alleged that Modi was speaking like a Maoist.