On Wednesday, Main Minister N. Chandrababa Naidu at Ficci meeting in Vijayawada.
In the courageous playground to limit the influence of black money in the elections, on Wednesday, the main Minister Andhra Pradesh N. Chandrababu called Naida to abolish monetary notes 500 and repeated his requirement for the economy led by digital currency.
Mr. Naida said that at a meeting organized by Ficci, which was attended by the Supreme Head of the Enterprise, he said he had already submitted a digital currency report and emphasized its urgent necessity in India’s election and financial systems.
“The Southern States are witnessing uncontrollable fund distribution during the elections. It is a pollutant policy and as a result of corrupt every institution,” Mr. Naida said.
“We should limit the currency to 100 and 200 GBP.
Referring to investors’ concerns, Mr. Naida acknowledged concerns about the anti-business climate of the previous government.
“I understand the bitter experience that the industrial community had under the previous regime. They destroyed the image of Andhra Pradesh, which I carefully built. But this era ended,” he assured and hit a confident tone.
Mr. Naida reaffirmed the political continuity and stability of the public administration and said: “This time I will not settle.
The encouraging investors to give up the fear of political twists, Mr. Naida appealed: “Do not be afraid of the past. The NDA government manages national progress on Wednesday. We are developing Andr Pradesh in all sectors. We invest here without hesitation.”
Mr. Naida combined political predictivity with economic strategy, the location of Andhra Pradesh as a safe investment destination, while suggesting deep election reforms. It was expected that his remarks would reig for the national debate on digital currency reforms and the financing of elections, especially in countries with election practices with high cash.
Published – June 25, 2025 20:57
