CM Sri N Chandrababu Naidu praised the Prime Minister for implementing such a daring and massive counter offensive against black money, corruption and terrorist funding. The CM wrote a letter to PM Modi, congratulating him for taking such a bold measure. Mr Naidu congratulated the Narendra Modi Govt and welcomed the move to demonetise high-value currency notes with immediate effect.
“I welcome @narendramodi Govt’s historic decision to ban Rs.500 & Rs.1000 notes. This is bold step towards eliminating corruption. TDP has been at the forefront of pushing for this ban on high-value currency notes. This move will change the face of Indian economy. The re-introduction of Rs.500 notes, introduction of Rs.2000 notes needs elaborate discussions & alternatives should be looked into. Centre needs to reassess the steps &tread with caution before introducing new denominations, to eliminate stash” said Chief Minister N. Chandrababu Naidu, responding to the Centre’s decision.
Here’s the letter that Chief Minister had written to the Prime Minister on banning Rs.500 & Rs.1000 notes. A must read.