Overview
- Andhra Pradesh Chief Minister N. Chandrababu Naidu renewed his demand on Monday that the Centre withdraw Rs 500, Rs 1,000 and Rs 2,000 notes and leave only Rs 100 and Rs 200 in circulation.
- Naidu told reporters he has previously submitted inputs on a digital currency report and repeatedly raised the issue with Prime Minister Narendra Modi as part of a long-standing push for technology-driven governance.
- He argued that eliminating large cash notes would limit high-value cash transactions, make it harder to buy votes, and reduce the incentive for elected officials to recoup campaign spending through corrupt means.
- Naidu cited recent local-body election gains by his NDA alliance as a political mandate to press the proposal and said better digital systems would help wealth creation and poverty eradication if implemented properly.
- The call comes on the 10th anniversary of the 2016 demonetisation that removed Rs 500 and Rs 1,000 notes, a reminder that debates over cash, black money and digital payments remain central to national policy discussions.