Kadapa: In a powerful address at the Telugu Desam Party’s (TDP) Mahanadu event in YSR Kadapa district on Tuesday, Andhra Pradesh Chief Minister and TDP national president N. Chandrababu Naidu reignited his demand for the withdrawal of ₹500 notes, urging the Central Government to prioritize digital currency to combat corruption and increase transparency in financial transactions.
Naidu stressed the urgency of transitioning to a digital economy, stating that higher denomination notes are often at the root of untraceable transactions. “When I gave the digital currency report to Prime Minister Narendra Modi, I urged him only one thing, the need arises, stop printing Rs 500, Rs 1,000 and Rs 2,000 notes. Enable and promote digital currency. Then, should there be any corruption, we can find it out easily. I recommended to him so,” Naidu told the gathering.
He used the party platform to highlight how even political donations are becoming streamlined through digital means. “Today from this Sabha I want to once again request, today the world is of digital currency. If someone had to give a donation for party activities then we had to go through a list, but now just by a QR code, cadres and the public can access giving donations. There is no need for distribution of Rs 500, Rs 1,000 and Rs 2,000 notes,” he emphasized.
