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Naidu to distribute free mobiles for cashless transactions
AP government has decided to distribute free mobiles to enable economically-backward people to undertake cashless transactions in the wake of the ongoing currency crisis.
Andhra Pradesh Chief Minister Chandrababu Naidu came up with this proposal during a review meeting with RBI officials and bankers in Vijayawada.
“Everybody needs a mobile phone for digital transactions, so we want to implement this idea and distribute mobile phones,” he said.
RBI officials informed Naidu that, another Rs 3,000 crore worth new currency notes were expected to reach the state by 28th of this month. Of this, notes of smaller denominations were expected to be around Rs 60 crore, they said.
