Chief Minister N Chandrababu Naidu raised questions against the Centre in Amaravati over continuous rise in petrol prices. He criticized the BJP government for turning its face against the rising petrol prices. He said that with the way things are now headed, petrol prices will soon touch the Rs 100 mark. He also said that the value of rupee will also cross 100 against the US dollar very soon if the crisis is not tackled.
About the RBI report on Demonetization of 2016, CM Naidu claimed that the Centre failed to manage demonetization. He asked the Modi government as to what DeMo has achieved so far. He questioned the necessity of circulating Rs 2000 notes in the economy. The CM further added that all the big notes should be abolished and the government should maintain a balance between physical and digital currency, claiming that he has no problem with the latter.
He also said that till day, shortage of cash remains in most parts of the country and that the recent growth is a collective achievement of people and not because of Modi Government. He targeted the PM and said that Modi is not disciplined and it is his inability that there is still shortage of cash in the ATMs. He also asked why corruption continues to prevail and why banks are going in the direction of insolvency.
Ground water table up
Naidu then spoke about the work done under his leadership related to irrigation. He said that ground water has seen a rise due to his robust policy making. The CM also listed some of the projects on water management and irrigation which have been successfully completed. He told the media that 12 new projects will be inaugurated in September while 3 projects will be inaugurated in October and 1 in November, where an overall budget of Rs 58024 crore has been expended.