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Will Modi take Babu's Advice seriously?
By: Tupaki Desk | 3 Sept 2017 10:30 PM IST
AP CM Chandrababu Naidu isn't happy with the new Rs 2000 and Rs 500 currency notes in circulation. He questions what is the need for higher denomination notes when Rs 100 and Rs 200 are in plenty.
TDP Supremo feels the only way people could be motivated to prefer digital transactions is by scrapping higher denomination notes. What Naidu should keep in mind is the fact that majority of the people in rural areas aren't skilled enough to rely on online transactions.
Just weeks before Demonetisation, Chandrababu Naidu wrote a letter to Prime Minister Narendra Modi about the necessity to ban Rs 500 and Rs 1000 notes for rooting out corruption. He lauded PM when Note Ban was announced on November 8th. However, AP CM took a U-Turn after people faced the consequences for months. Now, He proposes withdrawal of Rs 500 and Rs 2000? Whether Modi would take Babu's advice seriously even after receiving a major setback with note ban?
TDP Supremo feels the only way people could be motivated to prefer digital transactions is by scrapping higher denomination notes. What Naidu should keep in mind is the fact that majority of the people in rural areas aren't skilled enough to rely on online transactions.
Just weeks before Demonetisation, Chandrababu Naidu wrote a letter to Prime Minister Narendra Modi about the necessity to ban Rs 500 and Rs 1000 notes for rooting out corruption. He lauded PM when Note Ban was announced on November 8th. However, AP CM took a U-Turn after people faced the consequences for months. Now, He proposes withdrawal of Rs 500 and Rs 2000? Whether Modi would take Babu's advice seriously even after receiving a major setback with note ban?