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Note ban benefits poor in future: BJP
He was the chief gueat at Ambedkar Vardhanti meeting held the party district unit here on Monday.Later speaking to the media at district party office, he alleged that Congress, which ruled the country for a long time, was responsible for black money in the country.
Nalgonda: Common people will definitely enjoy the fruits of demonetisation in near future and the exorbitant rates in real estate, housing and gold would come down considerably, BJP national general secretary Muralidhar Rao underlined.
He was the chief gueat at Ambedkar Vardhanti meeting held the party district unit here on Monday.Later speaking to the media at district party office, he alleged that Congress, which ruled the country for a long time, was responsible for black money in the country.
As per the GFI report, about 90 billion currency crossed country boarders after 2012. Black money hoarders with 20 GDP have been running parallel government in India.
Considering all factors related to black money, Prime Minister Narendra Modi announced demonetisation of Rs 500 and Rs 1,000 on November 8t for the welfare of poor and progress of the nation, Muralidhar Rao added.
Admitting the hardships being faced by the common public at banks and ATMs , situation would come to normal within two months and urged people to extend their cooperation in the interest of nation.
Explaining the benefits of demonetisation he said the income of State and Central governments would increase multi folds in the coming days with proper payment of utility bills and income tax, which facilitates the respective governments to focus on development of regions and also down trodden sections. Backing black money hoarders, corrupted Congress leaders were making false and fabricated allegations against BJP and Modi to get political mileage.
To enlighten people about the facts on the benefits of demonetization, party MPs and ministers would participate in public meetings to be held in all districts from December 16 He urged the public to go for cashless transactions to free the country from black money.
Party district president Nukala Narsimha Reddy, state leaders Paduri Karuna, Chintha Samba Murthi, Gongidi Manohar Reddy, Goli Amarender Reddy, Organti Ramulu, Veerelly Chandra Shekar, Kuturu Laxama Reddy, Kuturu Srinivas Reddy and others participated in the programme.
