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Tuesday, December 5, 2023

Chandrababu Naidu Backs Withdrawal of Rs 2000 Banknotes


Amaravati:Telugu Desam Party (TDP) leader and former Chief Minister of Andhra Pradesh, Chandrababu Naidu, has long been a vocal advocate for the elimination of high-value currency notes due to his belief that they serve as the primary catalyst for corruption, money laundering, hoarding, and voter bribery. Thus, his support for the recent decision by the Reserve Bank of India (RBI) and the Central government to withdraw the circulation of Rs 2000 denomination banknotes comes as no surprise.

Naidu’s endorsement of this move stems from his conviction that it will not only have a positive impact on the overall economy but also significantly benefit individuals who are dedicated to working honestly and with integrity for the greater welfare of the people. In expressing his approval, Naidu took to Twitter to welcome the decision and commend the Central government and RBI for their proactive approach in tackling the root causes of corruption.

The withdrawal of Rs 2000 banknotes, according to Naidu, marks a crucial step taken by the government to curb illicit activities associated with high-value currency. By implementing this measure, the authorities aim to promote transparency, discourage money laundering practices, and deter the hoarding of black money. Naidu is confident that eliminating these banknotes will enhance the value of the endeavors undertaken by honest individuals who tirelessly work towards the betterment of society.

Chandrababu Naidu ‘s stance on the issue aligns with his long-held belief that high-value currency notes play a pivotal role in facilitating corruption and enabling illegal practices. By openly supporting the decision to withdraw Rs 2000 banknotes, he seeks to contribute to the ongoing efforts to establish a fair and just system that benefits the entire populace. The TDP leader’s positive response to this move reflects his unwavering commitment to combating corruption and promoting good governance, not just in Andhra Pradesh but also across the nation.

Overall, Naidu’s support for the withdrawal of Rs 2000 banknotes signifies his dedication to creating a more transparent and accountable financial system. His advocacy for this change underscores his relentless pursuit of eradicating corruption and fostering an environment that fosters the growth and well-being of the people.


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