Bihar CM and JD-U leader Nitish Kumar said he will review the note-ban scenario after Dec 30 deadline
Kumar dropped ample hints about this on Monday when he said his party would review the position after the expiry of deadline set by Prime Minister Narendra Modi who sought 50-day time from the masses to allow the situation to get normal.
“My stand on demonetization remains as it was on November 9. On expiry of the deadline, JD-U will review the scenario,” the chief minister told the media on Monday.
He added the cashless economy was just not possible in India for practical reasons.
“By nature, Indians believe in cash transactions. Even in US, barely, 40-45 percent people use cashless transaction. It will increase only if there is development,” Kumar explained
The problem for the chief minister is that both his alliance partners in power, such as the RJD and Congress, have already lapped up the problems of common men by opposing tooth and nail the notes ban imposed by the Prime Minister and Kumar does not want to get himself left behind anymore.
Of them, RJD has already announced a intensive protest programme across the state over the issue followed by a massive rally in Patna, date of which has not been finalized.
Apart from them, Kumar has also lost the support of Trinamool Congress chief and West Bengal chief minister Mamata Banerjee by taking a different line on demonetization drive.
JD-U led Kumar is only the second opposition party after Biju Janata Dal headed by Odisha CM Naveen Patnaik which has supported the Indian PM over currency ban.
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