One Phone Call From Babu Gets 2,500 Crs
While he is waiting to head the five CM committee set up via PM Narendra Modi to come up with powerful measures to counter the aftereffects of demonetization, AP CM Nara Chandrababu Naidu is busy resolving the severe coins crunch scenario in his very own country.
Chandrababu reportedly known as up the RBI Governor Urjit Patel and expressed his dissent over RBI’s lackluster efforts in growing the depleting cash reserves in Andhra Pradesh banks following demonetization.
Way to Babu’s smartphone name, the RBI Governor acted directly and ordered the RBI government to ship Rs.2,500 crores to AP on battle-footing. This morning, the coins become sent to several outstanding cities of Andhra Pradesh by using air.
Towns like Vizag, Tirupati, Kadapa and Anantapur were despatched the coins on unique flights, whilst the cash is being despatched to relaxation of the fundamental cities by means of today afternoon. The coins could be accomplishing most areas inside the kingdom through these days afternoon. Babu already ordered the banks to dispense cash to public through night.
Meanwhile, Babu seems to have edged out his arch rival and Telangana CM KCR in getting the coins from RBI. It’s far famous that KCR too had requested Modi, Arun Jaitely and the RBI to bail out Telangana’s coins problems inside the view of salary day and pensions, but the think-tank is yet to reply to KCR’s request.