Demonetisation: Chandrababu Naidu says gains to come in long run

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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.

Naidu said he had requested the Centre and RBI to send Rs 5,000 crore to the state. He suggested that out of this, at least Rs 1,000 crore should contain smaller denominations like Rs 10, Rs 20, Rs 50 and Rs 100.

He added that the state government had earmarked Rs two crore to each of the districts, which would be of great help to small businessmen to continue their business transactions non-stop.

(Sourced from agencies, feature image courtesy: Oneindia.com)

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