HomeEnglish NewsCM Chandrababu Naidu demands scrapping 500 rupee notes to curb corruption

CM Chandrababu Naidu demands scrapping 500 rupee notes to curb corruption

Andhra Pradesh Chief Minister N Chandrababu Naidu has renewed his demand to scrap 500-rupee currency notes, urging that only 100 and 200-rupee notes remain in circulation. Speaking to media, Naidu argued that phasing out high-value cash and promoting digital payments will curb corruption. His remarks come a day after the 10th anniversary of India’s 2016 demonetisation.

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