‘Modi took bold decision to unearth black money’

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Bharatiya Janata Party (BJP) Andhra Pradesh general secretary Jammula Syam Kishore said Prime Minister Narendra Modi took a bold decision on cancellation of the higher denomination notes to check black money menace. 

Vijayawada: Bharatiya Janata Party (BJP) Andhra Pradesh general secretary Jammula Syam Kishore said Prime Minister Narendra Modi took a bold decision on cancellation of the higher denomination notes to check black money menace.

Talking to newsmen at the State party office, Syam Kishore said the efforts being made by the Prime Minister will give fruitful results. He alleged fake currency notes in the denominations of Rs 500 and Rs 1000 are being pumped by terrorists and anti-social elements into the country to run parallel economy.

He said the new currency notes of Rs 2,000 and Rs 500 denominations are made with the state-of-art technology and it will be difficult to make fake currency notes. Referring to Special Category Status, he said the YSR Congress leader YS Jagan Mohan Reddy and Congress leader K V P Ramachandra Rao are making baseless allegations against the BJP leaders particularly on Venkaiah Naidu.

He questioned why Y S Jaganmohan Reddy not spoke in Parliament during the bifurcation of the State.

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