Abolish Rs 500, 1,000 notes to curb black money: Chandrababu Naidu

Abolish Rs 500, 1,000 notes to curb black money: Chandrababu Naidu

Amaravati (Andhra Pradesh), Oct 12 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Wednesday reiterated his demand for immediately abolishing currency notes of Rs 500 and Rs 1,000 denominations to check black money in the country.

Addressing a news conference in his new office at Velagapudi here, he also voiced concern that politics has become a “shelter” for corrupt.

Naidu, who had been demanding a ban on big currency notes, said he would be writing a letter to Prime Minister Narendra Modi on Wednesday in this regard.

He said abolishing the big currency notes was necessary to check those who are buying votes and misusing the people’s mandate.

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