Andhra Pradesh Chief Minister Chandrababu Naidu said that the price of petrol will soon reach Rs. 100 per liter. In addition to it he also said that a rupee will also reach to Rs. 100 against the U. S., Dollar.
N. Chandrababu Naidu at a press conference on Monday slammed the Modi Government and said, “What have we achieved from demonetization? We are seeing the condition of banks today. Big notes should be abolished. What is the need for having Rs. 2000 note? The Modi government could not properly manage demonetization. I have no problem if digital currency comes fully into existence, but there needs to be proper balancing between digital and physical currency.” He further added that Center was unable to properly manage the demonetization which resulted as a big failure.
Mr. Naidu showed disappointment and criticized the Narendra Modi led Government. He said, “Modi (Prime Minister) is not disciplined. Even today, cash shortage is prevailing in ATMs. Nation’s growth rate came down after NDA came into power. If the Center is disciplined, why is corruption taking place? Why are banks getting insolvent? Modi is not eligible to speak about sincerity, truthfulness, and discipline.”
He also hit the Government with the statement, “I suggested making digital transactions cost effective so that automatically all will switch to the digital economy. It would have contributed to higher revenues, but the Center did the reverse, making digital transactions costly.”
N. Chandrababu Naidu during the press conference also highlighted the measures and schemes during his tenure as a chief minister. He said that the efforts were channelized toward the increment of the earthen water table. He also remarked his efforts turning fruitful and said, “This year almost 2000 TMC of Godavari water flew into the sea. Projects on Krishna river – Srirsailam and Nagarjuna Sagar are fully filled up. 12 projects are ready for inauguration in the month of September. We will inaugurate three projects in the month of October and one in November. As of now, we have spent Rs. 58,024 crore for irrigation projects, mostly in Rayalaseema and North Coastal regions.”