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Demonetization: Rs. 3000 crores loss to TS
The Telangana government is going to take a hit of over Rs. 3000 crores due to the demonetization, Chief Secretary Rajiv Sharma told Central Government’s Additional Secretary R. Subrahmanyam at a meeting.
Adding to it, several poor people had lost their livelihood and among those suffering were construction workers, small farmers, traders and workers of the film industry, he explained. Other than providing special financial assistance to Telangana, the Centre should release pending CST arrears.
Sharma appealed to the Centre, to allow Markfed and State agencies to provide necessary inputs to farmers using the old Rs.500 and Rs.1000 notes. He even sought the extension of date of November 24th, for accepting the old notes by civic bodies across the state.
