Saturday , December 3 2016

ATMs in AP Run Dry, CM Urges Modi-Govt To Introduce Rs 200 Notes

The majority of ATMs that were supposed to resume the functioning to dispense cash from Friday morning continued shut in several parts of the state, causing an inconvenience to the people who are struggling to provide the basic necessities to their families.

atms-in-ap-run-dry-cm-urges-modi-govt-to-introduce-rs-200-notes
Andhra Pradesh Chief Minister N. Chandrababu Naidu.

Chandra Babu Naidu said that the common people were a facing tough time fetching change for the newly introduced Rs 2000 notes.

Amaravati: Andhra Pradesh Chief Minister N. Chandrababu Naidu has commended the central government for introducing Rs 200 notes to an ease the trouble that the common people are facing following the demonetisation of high value currency.

The majority of ATMs that were supposed to resume the functioning to dispense cash from Friday morning continued shut in several parts of the state, causing an inconvenience to the people who are struggling to provide the basic necessities to their families.

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According to reports, Naidu, who had welcomed the Centre’s decision to scrap Rs 500 and Rs 1000 notes in a move to tackle the risk of black money in the country, on Monday said the public was facing a tough time fetching change for the newly introduced Rs 2000 notes.

Andhra Pradesh Chief Minister was, in fact, the first politician to suggest the scrapping of a two high-value notes to curb the corruption. He had, in October, repeated his demand for immediately abolishing currency notes of Rs 1000 and Rs 500 denominations.

“Politics has become a shelter for corrupt people and black money earners. Some people who are in politics are misusing the people’s directive. I’m writing a letter to the Prime Minister today asking that Rs 1000 and Rs 500 notes be abolished and the total bank transactions be encouraged,” he had also said at a press conference in his new office at Velagapudi on October 12.

Responding to his statement, the BJP had later said that the party had no objection if the Naidu wants to take the credit of initiating  awareness about curtailing the flow of black money.

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