Kerala Finance Minister compares demonetisation drive to cyclone 'Ockhi'

Updated:11 months, 2 weeks ago IST

Thiruvananthapuram (Kerala), Feb 02 (ANI): Kerala Finance Minister Thomas Isaac compared the demonetisation drive by the Center with Cyclone 'Ockhi', which ravaged the Kerala coast, leading to the death of scores of people. Thomas, while presenting the annual budget in the state assembly, asserted that the decision to scrap the currency of high values was like Cyclone 'Ockhi' on the Indian economy. Further targeting the ruling National Democratic Alliance (NDA), the Kerala Minister expressed disappointed on the rolling out of the Goods and Service Tax (GST). The Kerala Finance Minister also announced Rs 2,000 crores coastal area package and allotted around Rs 600 crores to the fisheries sector.

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