AP CM asks centre to ban Rs. 2,000 NOTES

Amaravathi, May 14: Earlier we said that have to ban the high demonetised notes like 1000 and 500 notes and we are demanding the same to scrap the 2000 notes rupees to said Andhra Pradesh Cheif Minister said here on Saturday.

In order to speed up the digital payments in the country, AP CM N Chandrababu Naidu today asked the Centre to scrap the banknotes of Rs 2,000.

Naidu, who heads a panel of chief ministers on the digital economy, told to the media persons here on Saturday that "It was I who first demanded the abolition of Rs 1,000 and Rs 500 notes. Now, they brought Rs 2,000 and Rs 500 notes but they too should be scrapped,"

The demand came in the light of a hawala racket that was busted by the Visakhapatnam police.

Mr.Naidu said, referring to the hawala racket, "A staggering Rs 1,379 crore was sent out using the hawala route. I once asked the RBI after the demonetization to send more money to AP. The RBI Deputy Governor told me money was 'coming to AP but don't know where it's going'. Now, we know where the money is going,"