Boost for PM Narendra Modi, Telangana CM KC Rao says demonetisation good for nation building

Hyderabad: In a shot in the arm for Prime Minister Narendra Modi, Telangana Chief Minister KC Rao on Thursday announced his support to demonetisation.

Addressing the Telangana Assembly, Rao praised the decision to demonetise Rs 500 and Rs 1000 old currency notes, saying it would help in curbing black money, terrorism, corruption and fake currency.

“Demonetisation is good for nation building,” the Telangana CM asserted.

Rao's support comes at a time, when almost the Opposition is vociferously attacking the Modi government over demonetisation.

The entire Winter Session of Parliament was washed due due to repeated disruptions in Lok Sabha and Rajya Sabha.

In his closing statement before adjourning the House, a visibly disappointed Rajya Sabha Chairman Hamid Ansari today said, “Regular and continuous disruptions signify this session... The rules about displaying placards and shouting slogans were ignored by all sections of the house."

Earlier, Bihar Chief Minister Nitish Kumar and Odisha CM Naveen Patnaik had advocated demonetisation.

PM Modi today ripped into the Opposition over Parliament logjam, saying unlike earlier when opposition parties stalled the House against scams, Congress-led parties are now doing so against government's steps to curb black money and corruption.

Modi's remarks at the BJP Parliamentary Party meeting came on the last day of the Winter Session, which has been a washout due to impasse over demonetisation.