Political equations in the country are taking a swift roll. It was evident from the way Telangana Chief Minister K Chandrasekhar Rao came out openly in support of Prime Minister Narendra Modi in the assembly on Friday.
KCR made an official statement, for the first time, expressing his “wholehearted” support to Modi’s decision on demonetization, stating that the Prime Minister had taken the decision in the interest of the nation. He also wanted that Modi should take more measures to eliminate all forms of black money, including black money held in the form of diamonds, gold, shares and foreign currency and the black money generation through crony capitalism. KCR has also said that flow of black money into the country through money laundering from British Virgin Islands, Mauritius, Singapore should be regulated effectively. By openly lauding Modi, KCR has given enough indications that the TRS is backing the NDA government. It is only a matter of time that it joins the alliance, say analysts.