Hyderabad, December 1
Prime Minister Narendra Modi’s demonetization decision came as a blow to BJP leaders, who were in the belief that the party is gaining strength in Telangana. But not all the public are opposing note ban and a few are supporting.
Whatever the opinions, the crisis of note ban (long queues in banks and ATMs) is still continuing. Common man is also criticizing that PM’s move helped black money holders to turn their black money to white.
There were incidents in the city where the staff of a few banks and post offices gave away large amounts of new currency notes to customers on commission. Contrary to Reserve Bank of India’s assurance of sufficient reserves at ATMs, there are still several ATM centres with ‘no cash’ boards.
The results of by-polls and local body elections recently held in a few states have elevated the BJP leaders’ hopes and made them confident that the note ban had no effect on their party’s popularity.
Meanwhile the Telangana government is maintaining cordial relations with the Centre and at the same time continuing its rule in the State. The voters observed BJP may retain the power at the Centre, though its chances are weak in Telangana after the note ban.