Note Ban A Horrendous Mistake: Telangana Congress

Dubbing the the Central government's decision to demonetize high-value notes in November 2016, as a "huge scam", Congress senior leader J Geetha Reddy, during a protest, lashed out at the former stating that small traders and the general public were facing lot hardships even sixty days post-ban. Geetha Reddy and former Minister Sunitha Lakshma Reddy staged demonstrations in front of the Medak district Collectorate.

Geetha Reddy claimed that the note ban was a unilateral decision as no one other Party in the Opposition or any experts were consulted. Adding to it, Sunitha Reddy said that the IT sleuths seized had huge amounts of new notes in BJP leaders' houses, and demanded stringent action against them, too.

In Karimnagar, the police arrested Congress leaders T Jeevan Reddy, Ponnam Prabhakar, Arepally Mohan, Katakam Mruthyunjayam and Nerella Sharada after they staged a dharna in front of the Collectorate office for the same cause.

Speaking on the occasion, Jeevan Reddy asked the Centre to tell where all the black money in the nation was at as already Rs. 15 lakh crores money was deposited in banks.

"It clearly proves that the banning the two high-value notes was a horrendous mistake," he said.