Who Is Right? Naidu or Modi? Time Will Tell

Andhra Pradesh Chief Minister Chandrababu Naidu is a strong advocate of banning the higher denomination notes. After a lot of fight, finally, the central government is doing that. We do not know if Prime Minister Narendra Modi was influenced by Naidu or not but then both the leaders have come on the same page.

[m9ad]

But then Naidu is strongly opposing Modi’s move to introduce 2000 Notes which will make things easy to store cash in Stash. In fact, it will be much easier than the last time, Naidu feels. But then 500 and 1000 Notes are also on their way in new designs and security features.

Naidu says the Center at most should stop it with the introduction of a 200 Rupees Note. Time will have to tell if Naidu is correct or the Prime Minister has taken a good decision. If Modi has to be right, we should not hear the word Black Money going forward. Let us see what is in store!