Post the majority win at the Munugode by-poll elections, the Working President of BRS (Previously TRS), K.T.Rama Rao, has taken up to his Twitter and commented about the debacles & terrible failures of the central government.
Needless to say, Demonetisation has turned out to be an utter failure in achieving what it was meant to. Clear the black money & increase the economy. On the contrary, demonetisation marked the beginning of the downfall of the Indian economy. Access to the public record of RBI files shall explain this. RBI data reveals that 6 years after Demonetization, the cash with the public increased by 72% from Rs.17.97 Lakh Cr to Rs.30.88 Lakh Cr.
Responding to this, “What a colossal failure this Demonetisation was & let’s not forget how it crippled the growing Indian economy. This half-baked idea led to 8 consecutive quarters of slowdown, subsequently landing in Lockdown in 2020 serving a body blow to the vibrant economy.” wrote KTR on his Twitter.
KTR has been single-handedly addressing & exposing the false claims of the central government publicly since both parties split. Today he issued a public notice, calling for objection regarding the name change of the party.