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CBN accepts his FAILURE for first time

By:  Tupaki Desk   |   21 Nov 2016 11:33 AM IST
CBN accepts his FAILURE for first time
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AP CM Chandrababu Naidu expressed his anguish over the never ending troubles of demonetization. He opined currency ban is bigger crisis than Hudhud cyclone as the situation remains the same even after 12 days. 'For the first time in my political career, I'm unable to bring things under control,' he told.

TDP Supremo advised Bankers to maintain good co-ordination and set for call centres to be more helpful to the common man in the need of the hour. He directed Command Control Rooms to bring to the notice of Government and Bankers about the problems faced by poor and middle class.

Naidu informed RBI sent Rs 2,000 crore currency which include Rs 400 crore of notes with Rs 100 denomination. He stressed the need to activate Jan Dhan accounts and Rupay Cards with immediate effect. He also wishes to use the services of 60 lakh students to train people about online and mobile banking to ensure all Transactions were made online.

About 25,208 e-PoS Machines have been in use at fair price shops. e-PoS Machines will be set up at RTC Ticket Counters for the convenience of the people.