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Cashless, digital economy 'difficult' for India, ex-PM Gowda

Press Trust of India  |  Bengaluru 

Former Prime Minister and JDS supremo H D Deve Gowda today said a cashless and economy was "difficult" for and the situation of farmers after government's move has turned "worrisome".

"The positive and negative effects after have to be seen. It has been 40 to 45 days now, they (Union government) themselves have realised that it is not an easy task," Gowda said.

Speaking to reporters here after meeting coconut growers, he said, "Cashless, economy is difficult for us. The situation is such that day-by-day the condition of farmers has turned worrisome."

Gowda, who had implemented a voluntary Disclosure Scheme (VDS) to unearth during his tenure as Prime Minister during 1996-97, has been critical of the Modi government's move.

He has previously accused the of carrying out demonetisation in a "haphazard" manner causing "unimaginable sufferings" to the people.

Gowda also urged the central and the stategovernments to look into the issues faced by farmers growingplantation crops like coconut and areca nut, and address them.

He said "it is the duty of to protect the interest of the farmers, and both the Centre and state have responsibility to bear.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, December 24 2016. 18:07 IST