Telugu Politics

CBN’s phone call fetched 2,500 crores to State


On the part of his fighting against the currency scarcity, A.P CM Chandrababu Naidu has been topping the list of other CM in the nation of India.

It’s been almost three weeks and still the state of Andhra Pradesh are still facing the crunch situation. Being one of the hardest cash used to state in India, AP still needs more currency to be distributed. Even before taking up the special 5 CM’s committee mission to fight for the aftereffects of demonetization, CBN has concentrated on his State first. He has reportedly called the RBI Governor Urjit Patel and explained the situation. Patel Immediately responded and sent the cash of about 2,500 crores by air today morning to all the important cities of AP. By afternoon, this money will be distributed to small towns as well under tight security.

By this call, he has proved his fight in the demonetization as a CM of the State. This move by him not only proved his stamina but also indirectly hit his rival KCR. It is well known that KCR too is requesting the Finance Minister Arun Jaitley to help his state Telangana to cope up with the losses occurred by the demonetization effect. Still, there is no response from the center to KCR.