Naidu welcomes Modi’s to ban 500 and 100 notes

modi-naiduTDP welcomes Prime Minister Narendramodi Govt’s historic decision to ban Rs.500 & Rs.1000 notes.

TDP chief, Andhra Pradesh CM Chandrababu Naidu said, This is bold step towards eliminating corruption.

He said, TDP has been at the forefront of pushing for this ban on high-value currency notes. This move will change the face of Indian economy.Reintroduction of Rs.500 notes, introduction of Rs.2000 notes needs elaborate discussions & alternatives should be looked into.

He said, Centre needs to reassess the steps &tread with caution before introducing new denominations, to eliminate stash .