Andhra Pradesh Chief Minister N. Chandrababu Naidu says high-value notes, including ₹500 and ₹₹2,000, should be scrapped as part of efforts to reduce corruption. The proposal is framed as a response to concerns about misuse of cash and arrives around the time of the 10th anniversary of India’s demonetisation exercise.
Multiple outlets report that Naidu argues for keeping lower denominations—particularly ₹100 and ₹200—while making them the highest value notes in circulation. Mint adds that he links the move to greater reliance on digital payments, saying this shift could support anti-corruption goals. India Today and Scroll.in focus on the headline demand to scrap those notes as a corruption-fighting measure.
The outlets also situate the comments in the broader debate on demonetisation. Mint notes that opposition leaders have questioned the results of the 2016 demonetisation carried out under Prime Minister Narendra Modi, while Naidu’s remarks are presented as part of continuing discussion on currency policy and governance outcomes.
