Having gone into NDA fold and one of the few opposition leaders who had praised the move of demonetization, the Bihar Chief Minister may be having second thoughts.
CM Nitish Kumar on Saturday made a U-turn and questioned benefits of the central government’s much-hyped demonetization move.
He questioned if the decision to ban the old currency notes of high denomination actually benefited the poor and the downtrodden or even the weaker sections of the society.
The Bihar politician went on to slam the banks for allegedly helping the rich and powerful manage their cash during the notes ban.
He made these remarks at a meeting with bank officials here.
Incidentally this questioning comes when BJP could not form government in Karnataka.
This also comes when the BJP government has completed four years in office.
Nitish Kumar’s party JD(U) is a BJP ally and runs a coalition government in Bihar.
In 2016, Nitish Kumar, then part of a Grand Alliance of Rashtriya Janata Dal (RJD) and Congress, had supported demonetization.>