Notes ban: Chandrababu changes stand again!

Soon after Prime Minister announced demometisation decision, AP CM Chandrababu Naidu welcomed the move and went to claim that he was behind the decision. But after facing ire from the public, Chandrababu Naidu expressed dissatisfaction saying that the things did not come to normalcy even after 12 days. He went on to say that he never witnessed such a peculiar situation in his entire political career where the leaders failed to find a solution to the problem.

Now he has changed his stand against and saying demonetisation problems are temporary but the gains in the long run will be fruitful.

He also said as he enlisted the steps taken by his government to help the people in this situation.

The Andhra government has adopted several innovative ways to solve the problems of the people and become a role model state in the country in cashless transactions, he said.

The steps taken by the state government include setting up of four committees to oversee cashless transactions, arrangement of 19,000 e-PoS (Point of Sales) machines involving students and self-helf women’s groups and starting a mobile application ‘AP Purse’.

“The demonetisation problems are temporary but the gains in the long run will be fruitful,” he said.

The Chief Minister urged the people to endure the currency crisis for some more time to come and asked them to face it in a challenging spirit.

To overcome the problems post scrapping of the high value currency of Rs. 500 and Rs. 1,000, the Andhra government is planning to distribute free mobile phones to people, particularly the economically-backward classes to undertake cashless transactions, Naidu said.

He asked the people to make effective use of mobile currency, online transactions and debit and credit cards and Rupay cards.

He has written to Union Finance Minister Arun Jaitley, seeking more funds of smaller denominations to the state to ease out the problems of people.

The Chief Minister said the state government had received an additional Rs. 2,000 crore, of which Rs. 400 crore is in the denominations of Rs. 100. He hoped that this would bring some relief to the people.