(Image source from: NDTV.com)

AP CM’s Strange Statement On Demonetized Notes:- AP Chief Minister Mr. N. Chandrababu Naidu has come out with a strange statement on demonetized notes. Naidu said that by restraining Rs 2,000 and Rs 500 notes in circulation and encouraging online transactions, corruption can be rooted out.

Speaking at the news conference CM said, “We do not need Rs 2,000 and Rs 500 currency notes and Rs 200 and Rs 100 are enough. We have to go for online transactions in a big way. So that ultimately corruption is rooted out.”

But, surprisingly, it was Naidu who supported Modi’s decision on November 8, 2018. The decision to demonetise Rs 1,000 and Rs 500 notes, but expressed reservations over the introduction of Rs 2,000 notes. He said that Rs 200 and Rs 100 notes are enough.

Chandrababu Naidu also said, “If there are no Rs 2,000 and Rs 500 notes, distribution of money in elections will come down. And, by encouraging online transactions, corruption can be rooted out.” But, now-a-days, the hackers are finding new strategies to hack the online banking accounts and several people have been facing problems.

Even the government, banks cannot find the solutions to protect the data of the account holders from the clutches of the hackers. Moreover, India is still a developing country and due to various reasons, not all the people are able to go for the digital transactions.

A huge amount of money is even being gathered by the bigwigs in their private places without depositing it in the banks. Even the TDP party leaders also shelled huge amount of money in the form of Rs 2,000 notes along with YSRCP during elections.

It is quite surprising to see how Naidu can speak like-wise, when he himself is part of the corruption.

SUPRAJA