Andhra Pradesh chief minister N Chandrababu Naidu claims that if currency notes of Rs. 1000 and Rs. 500 denominations are abolished, then corruption will reduce.
IANS reported that Naidu, during a press conference, said,”Politics has become a shelter for corrupt people and black money earners. Some people who are in politics are misusing the people’s mandate. Once these currency notes are abolished, it would also put an end to buying of votes.”
He also said he will write to Prime Minister Narendra Modi regarding the same and encourage total bank transactions.
The minister emphasised that using a smartphone, everything can be done and hence, it won’t be a big problem.
“A smartphone is enough to deal with everything. Be it shopping, travelling, money transaction or even if you have to spend money abroad, a smartphone is enough,” he said.
Further, he praised Modi-led government recent income disclosure scheme and said that an initiative was taken to unearth black money.