When Prime Minister Narendra Modi announced the Demonetization on November 8th, Lok Satta’s Jaya Prakash Narayana is one of the first politicians to extend his complete support to the move. But then JP has changed this opinion now and termed the move as an act without a proper thought.
JP went on to say that he changed his opinion after evaluating the aftermath effects of Demonetization and the problems being faced by the people. The demonetization is creating a whirlwind in the lives of Commoners, the poor and the labour, JP said.
JP went on to say that the intention behind the scheme may be noble and great but Modi government failed miserably in executing it. One can clearly see that this is a stance similar to Chandrababu Naidu. The AP CM welcomed it immediately after the announcement but later said the implementation is flawed.