As known to everyone demonetization of higher currency had put common man into trouble. Which in turn has great effect on revenue department of the state. Telangana chief minister Mr. K. Chandrashekar Rao met Prime Minister Modi to explain about the loss to the state with the decision of demonetization of higher denomination. He said that there is a fall of rs 7000 crore in the state and also many prime sectors were hit by this.
Though CM KCR supported demonetization of higher denomination, he bought to the notice of prime minister regarding the inconvenience faced by the middle and lower class people. He also reported that many of the private sectors like excise, real estate, commercial taxes, cooperative system are facing trouble.
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