Live
- Casual yet stylish office outfits for all-day comfort
- TTD to suspend all special darshans from January 10 to 19 amid Vaikuntha dwara darshans
- Naidu pats TDP leaders, cadres for enrolling 73L members
- Rupali Ganguly says for 20 years she never got an award
- Advanced anti-drone systems deployed for devotees’ safety at Mahakumbh
- Workshop on ‘Industry-Academia Practices in Civil Engineering’ concludes
- Revanth assures Kurma community of its due
- 204 cadets pass out of AFA
- Youngest chess king wins laurels for India
- FairPoint: Rahul’s rhetoric falls flat as PM Modi steals spotlight
MIM supports TRS, but KCR backs BJP
MIM floor leader Akbaruddin Owaisi advised Chief Minister K Chandrashekar Rao against extending ‘blind support’ to the Centre.
Hyderabad: MIM floor leader Akbaruddin Owaisi advised Chief Minister K Chandrashekar Rao against extending ‘blind support’ to the Centre.
Participating in short discussion in the Telangana State Legislative Assembly on Friday, Akbaruddin Owaisi said while the MIM was supporting the TRS in the Assembly, the Chief Minister was extending all out support to the BJP government at the Centre. This situation had put the MIM in huge embarrassment.
“Don’t blindly support the Centre, it will ruin our State,” he said. Akbar said the demonitisation move had nothing to do with black money or corruption but it was aimed at bailing out collapsing banking system and a few corporate houses.
He said people had been facing several problems due to demonisation and they would teach a fitting lesson to the ruling party at an appropriate time. He demanded that the government take immediate steps to end the woes of common people.
Akbaruddin Owaisi said the BJP and the TRS would pay a heavy price for causing inconvenience to crores of people. He said the Central government was proved wrong in its claims on counterfeit currency.
He said nearly Rs 13 lakh crore in old currency notes had been deposited with the banks and about Rs 4 lakh crore was already into the system. He asked when Rs 17 lakh crore was already in the financial system, then where was the black money.
Referring to the statement made by the Chief Minister that demonitisation would curb political corruption, Akbar said the government should pass a resolution in the House to stop donations for political parties.
He said during the last 10 years, the BJP and the Congress received donations of Rs 5,450 crore while Left parties got Rs 471 crore and BSP got Rs 448 crore.
He claimed that the MIM did not receive any donation. He said if Prime Minister Narendra Modi was serious on black money, then he should explain the sources for Rs 1,200 crore which was spent on BJP's campaign in 2014 general elections.
Akbaruddin Owaisi said the demonitisation had badly hit the common man, especially the poor people like vendors, daily wage earners and farmers.
He said of Rs 19,109 crore new currency notes sent by the RBI to Telangana, nearly 96 per cent notes were of Rs 2,000 demonination and there was huge shortage of change.
He said the move had badly affected marriages, medical treatments and other activities. He said the move had also hit the revenues of the State government. He sought to know whether Telangana remained a revenue surplus State after demonitisation.
The MIM leader said there was not enough infrastructure to implement the cashless economy in the State. Quoting figures, he said there was just 3,554 ATMs across Telangana State and of them, 1,830 were located in Hyderabad.
There was a need to set up 9,000 ATMs at different places in the State. He said nearly 4,000 villages have no banks or post offices and that gap needs to be filled.
As against the present 74,000 swiping machines, Telangana would need at least 10 lakh machines. Traders or POS would have to spend Rs 10,000 to procure each machines and the overall investment would be of Rs 1,000 crore.
Akbaruddin Owais said e-banking would also lead to cyber crimes and so far, Telangana had no cyber laws or cyber courts to detect and try such cases.
