TPCC to observe Aakrosh Diwas on November 28 against demonetisation

Reddy chaired a meeting of TPCC office bearers at Gandhi Bhavan here on Wednesday.

HYDERABAD: In accordance with the AICC leadership’s decision to observe ‘Aakrosh Diwas’ on November 28 across the country to highlight the problems caused to people due to demonetisation, TPCC too decided to hold protests across the state on the same day over the cancellation of notes.

“We are not against curbing black money. But, we are opposing the unplanned execution. Hence, we have decided to continue holding protests to sympathise with the plebeian, who are forced to stand in long queues to withdraw money because of the impulsive decision of the PM,” TPCC chief N Uttam Kumar Reddy said.

Reddy chaired a meeting of TPCC office bearers at Gandhi Bhavan here on Wednesday. The TPCC chief lambasted at the Centre, saying that even after a fortnight of demonetisation, people are forced to endure severe hardships to withdraw money.

He said that economist Jean Dreze had described demonetisation in a booming economy like shooting at the tyres of a racing car. He said Jean had pointed out that the sudden move to demonetise high-value currency notes had created a scary situation for people who live on the margin of subsistence. “The PM did not create alternatives to replace almost 86 percent of currency in a higher denomination,” he criticised.

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