'Scrap Rs 500 notes': CM Naidu seeks to phase out big currency to curb corruption

Andhra Pradesh chief minister N Chandrababu Naidu advocates for the abolition of Rs 500 and other high-value banknotes to combat corruption and promote a shift to digital transactions, which he believes is vital for economic enhancement. The recent local election results revealed a strong tilt toward the National Democratic Alliance, especially in urban regions, indicating a robust affirmation of democratic…