Chandrababu Naidu demands ban on Rs 2,000 and Rs 500 to uproot corruption

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Hyderabad, March 22: Telugu Desam party president and Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday said that ban on Rs 2,000 and Rs 500 denomination notes could help in uprooting corruption, particularly in politics.
The tech-savvy Chief Minister who has introduced digitisation in few sectors of the state wanted that all the transactions should be made online.
Naidu speaking at the state legislative assembly has said that he was the first politician in the country to demand a ban on high-value notes. “I am demanding again now to ban the notes. If you ban Rs 2,000 and Rs 500 notes, no party can distribute money in elections. One cannot carry huge bundles of small notes?” he said while replying to a debate on irrigation projects.
He pointed out that several legislators who work hard for their constituencies are worried as by the end of the day someone in Mumbai or Bangalore would dump huge cash. “Why should we be afraid? We should ask votes based on our service and the administration we give to them”, Naidu said.
Naidu in 2013-14 campaigned for the ban on bigger denomination notes of Rs 1,000 and Rs 500 that were in circulation that time. He had also addressed a meeting in Delhi.
Chandrababu Naidu’s TDP was in alliance with the BJP-led NDA when the Narendra Modi government brought Rs 2,000 notes in early 2017, Naidu had opposed it. He reiterated the demand after a hawala racket involving Rs 1,379 crore was unearthed in Visakhapatnam city. As convener of the panel of chief ministers for the promotion of digital economy, Naidu recommended incentives to promote digital transactions. (DH News Service)