Big note may increase black money too

     Written by : SMTV24x7 | Tue, Nov 15, 2016, 04:23 AM

Big note may increase black money too

Andhra Pradesh, Nov 15 : Chandrababu Naidu , CM of Andhra Pradesh has made a statement that " Common people were facing difficulties in getting change for newly arrived Rs 2,000 note." CM of AP urged the central government to come back with a Rs 200 note to control the currency crisis in the country.

Newly introduced Rs 2,000 note was creating many problems as people do not have sufficient change for the big note. Adequate availability of Rs 50 notes should prevent the difficulties of people over currency crisis.

Chandra babu felt if there is a Rs 200 note it help the government to curb black money.

There is also another problem with this big note that may cause increase in black money. Rs 6,706 crore money was deposited in different banks ,after the demonetisation of Rs 500 and Rs 1,000 notes, says Naidu.