Telangana Chief Minister K Chandrasekhara Rao seem to be very disappointed with the way the entire demonetization of 500 and 1000 Notes is being handled. The Chief Minister today withdrew 10000 from his account through his Farm House Manager and displayed the Five 2000 Rupee Notes to the media.
He went on to joke that these 10000 Rupees are his only assets now. “If my situation is as such, I can imagine what people are undergoing. I can see them very much worried. The Center should have planned this without people getting trouble and without state governments losing incomes,” KCR Said.
Officials brought to the notice of the Chief Minister how the hotels and other businesses are suffering severe losses due to this sudden move. The other day a report in Deccan Chronicle claimed that the Chief Minister is in touch with non-BJP Chief Ministers to protest against this unilateral decision of the center.