Naidu had earlier praised Prime Minister Narendra Modi for demonetising Rs 500 and Rs 1,000 notes, even taking credit for the decision.
Hyderabad: ANDHRA PRADESH Chief Minister Chandrababu Naidu, who was among the first to welcome the Centre’s demonetisation decision, did a turnaround on Tuesday, saying it was “not what we wished for” and pointed out that there was no solution in sight even after “more than 40 days”.
Naidu heads the 13-member central committee set up to look into the demonetisation issue, and his Telugu Desam Party (TDP) is an ally of the NDA.
“Demonetisation was not what we wished for. It was not our wish but it happened. More than 40 days after demonetisation, there are still a lot of problems, but there appears to be no solution,” said Naidu, speaking at a workshop for party MPs, MLAs and MLCs at Vijayawada.
“The people who are supposed to manage the crisis are incapable of doing anything. The RBI has not been able to do anything about it. It still remains a sensitive and complicated problem,’’ he said.
Naidu said he was “breaking his head” over the crisis. “The currency crisis still remains a sensitive and complicated problem… I am spending two hours daily to review the situation and ease the problems caused by demonetisation. I am breaking my head daily, but we are unable to find a solution to this problem,” he said.
Earlier in the morning, party MPs and MLAs briefed Naidu on how people were getting frustrated over the currency shortage, and how farmers and small businesses had been hit.
Naidu had earlier praised Prime Minister Narendra Modi for demonetising Rs 500 and Rs 1,000 notes, even taking credit for the decision. A day after Modi made the announcement on November 8, the TDP was quick to claim that it was a “victory” for Naidu.
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