AP Likely to Receive Rs.1,600 Cr in Currency, Confirms CM

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Rs.1600

Andhra Pradesh is expected to receive Rs.1600 crore including notes of Rs.500 denomination on December 21, said Chief Minister N, Chandrababu Naidu during a teleconference on demonetization with officials and bankers.

The currency would further ease the situation. The Chief Minister recalled that the State had received Rs.2500 crore on Saturday and the officials told him it was distributed among all banks. He advised the officials to prevent inconvenience to farmers as Rabi season had started. He said priority should be given to DWCRA women and NREGS workers.

Andhra Pradesh is now leading with the implementation of complete digitization. Villages like Pallepalem in Prakasam district have gone fully digital, setting an example of sorts to the rest of the country. The CM, who is also heading the special committee of CMs on demonetization is actively working on coming up with more game changing and innovative ideas that will make India go 100 percent cashless in the coming days.

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