Telangana Chief minister K Chandrasekhar Rao backed the Prime Minister Narendra Modi over Demonetization despite the decision caused inconvenience to crores of people.
He appealed the PM Modi to make this country black money and corruption free and extended his support in every step. He also appealed PM that funding mechanism of political parties should also be made transparent.
KCR hints saying, PM won’t take such a huge step just like that. There is a strong reason behind demonetisation decision. He has also suggested to the Centre to take steps for establishing a bank for each three or four villages.
He said that the Centre is planning to introduce a system through which money can be transferred in a transparent way through banks.