P Chidambaram urges CMs to ask PM Modi to ‘remonetise poor’

Former Finance Minister and Congress leader P Chidambaram on Saturday urged the chief ministers to tell the Prime Minister that the livelihood of the poor is equally important amid the coronavirus outbreak.

The Congress leader asked the chief ministers to demand for the immediate transfer of cash to the poor families.

“Chief Ministers – @capt_amarinder @ashokgehlot51 @bhupeshbaghel @VNarayanasami @uddhavthackeray @EPSTamilNadu should tell the Prime Minister today that just as LIVES are important LIVELIHOOD of the poor is important,” Chidambaram tweeted.

“CMs should demand that cash be transferred to every poor family immediately. “Remonetise the poor” should be their unanimous demand,” he added.

He further said, “Remonetising the poor will cost a maximum of Rs 65,000 crore – absolutely affordable and economically justified.”

This comes on a day when PM Modi will be interacting with the chief ministers of all states via video conference to discuss the coronavirus crisis in the country.

According to the health ministry, India has so far reported 7,447 COVID-19 cases with 239 fatalities.