RBI sent Rs. 2500 crore to AP

Written by | December 3, 2016 | 0

AP Chief Minister Nara Chandrababu Naidu is putting all the efforts to resolve the demonetization problems in the state. Chandrababu reportedly called up the RBI Governor Urjit Patel and expressed his dissent over RBI’s boring efforts in solving the cash crunch.

Immediately, RBI Governor Urjit Patel ordered the RBI authorities to send Rs.2,500 crore to AP on war-footing.

the cash was sent to several cities of Andhra Pradesh by air. Cities like Vizag, Tirupati, Kadapa and Anantapur were sent the cash on special flights, while the cash is being sent to rest of the major towns.

The cash will be reaching most areas in the state as soon as possible. Babu already ordered the banks to dispense cash to public by evening in view of salary day and pensions.

Meanwhile, Babu seems to have edged out his arch rival and Telangana CM KCR in getting the cash from RBI. It is well-known that KCR too had requested Modi, Arun Jaitley and the RBI to bail out Telangana’s cash problems.

Filed in: Andhra

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