Amaravati (Andhra Pradesh), Oct 12 : Andhra Pradesh Chief Minister N. Chandrababu Naidu on Wednesday sought immediately abolishing big currency notes and called for making baking transactions compulsory in course of time to curb black money.
Stressing the need for ban on cash transactions, he reiterated his demand for immediately abolishing currency notes of Rs 500 and Rs 1,000 denominations.
Addressing a news conference in his new office at Velagapudi here, he also voiced concern that politics has become a "shelter" for corrupt.
Naidu, who had been demanding a ban on big currency notes, said he would be writing a letter to Prime Minister Narendra Modi on Wednesday itself in this regard.
He said abolishing the big currency notes was necessary to check those who are buying votes and misusing the people's mandate.
"Politics has become shelter for corrupt people and black money earners," said Naidu, also the Telugu Desam Party (TDP) chief.
Terming black money as the root cause for all the evils, Naidu said this could be curbed by abolishing cash and currency transactions and making all transactions through banks compulsory.
When all payments can be made through a smart phone, there was no need for cash transactions, he said.
"In course of time we have to go for total bank transactions. We have to regulate and create culture. Then only we can control all evils and then only everybody will earn money through genuine way," he said.
Stating that some people were becoming rich overnight, he said when questioned, they were launching a "counter attack".
Naidu said such people get votes by distributing Rs 500 and Rs 1,000 notes among voters. "This is leading to competition among MLAs, who also want to make money to win elections. This is a vicious circle and the only way to break it is to go for total bank transactions," he added.
He also did not favour Income Declaration Scheme for black money earners, saying this only help them to turn black money into white. "They have to give only 40-45 percent money. Their remaining money becomes white. It's good for them. They will happily pay this. There is not even social stigma," he said.
Union Finance Minister Arun Jaitely had said early this month that after the first quarter of the Income Declaration Scheme ended on Sep 30, as many as 64,275 declarants have collectively disclosed Rs 65,250 crore.
"Out of the Rs 65,000 crore disclosed across the country, Rs 13,000 crore was declared in Hyderabad and, out of it, Rs 10,000 crore by a single individual. Who is that, we can't know as per law. Is it possible for a businessman to declare such huge money?" Naidu said.
Appreciating Prime Minister Narendra Modi for stating that there are still people and problems like Ravana, Naidu said black money was a major cause for these problems.
He pointed out that after earning the money by hook or crook, some people resort to drinking liquor, going to clubs and indulging in other immoral activities.
Claiming that India is positioned to become super power, Naidu said it is the only country in the world with great values and described the family system as country's greatest asset.
In an obvious reference to US Pesidential candidate Donald Trump's lewd comments about women, the TDP leader said it speaks of hollowness. "It's evident from this that there is no leadership in a developed country like US," he remarked.
He also referred to polygamy in the US. "If you see, Trump has fourth wife. These are not values. This is temporary enjoyment but we have values. India is the only country with family bond and it is the main reason for our happiness," he said
Hyderabad, Oct 21: The South Central Railways has bagged the "1st Best Innovation Award" under the category of Suggestion Scheme of Best Innovations by Indian Railways for the year 2016-17, announced ..Written by : IANS | 11:25 AM
From last night till now atleast 70 patients have been admitted to Sarojini Devi Eye Hospital and LV Prasad Eye Institute (LVPEIP) for eye injuries. These two big eye hospitals have 30 and 40 patients ..Written by : IANS | 12:16 AM
India has not invited Pakistan and North Korea to attend the first global conference on consumer protection to be inaugurated by Prime Minister Narendra Modi in New Delhi next week, consumer affairs M ..Written by : IANS | 12:09 AM
The Kerala Tourism department has thanked the Taj Mahal for “inspiring millions to discover India” amid controversies triggered by Bharatiya Janata Party leaders questioning the origin and heritag ..Written by : IANS | 12:03 AM
South Africa batsman AB de Villiers has once again grabbed the top position in the ICC ODI Player Rankings while Pakistan's Hasan Ali has emerged as a new number one among bowlers in the latest rankin ..Written by : IANS | 11:28 PM
New Delhi, Oct 20: The Central Bureau of Investigation (CBI) on Friday sought the central government's permission to file a petition that can lead to reopening of the Bofors case, sources said. Acc ..Written by : IANS | 11:25 PM
Guwahati, Oct 20: Senior BJP leader and Lok Sabha MP from Assam R.P. Sarmah on Friday said the state government must ascertain the ministers' knowledge and interest about tourism before sending them t ..Written by : IANS | 11:20 PM
After the Kolaveri Da jibe on the controversy of centre giving legal help to son of Amit Shah, Jay Shah, Rahul made another tweeter attack on Prime Minister Narendra Modi and BJP president Amit Shah c ..Written by : IANS | 11:20 PM
Mumbai, Oct 20: Bollywood superstar Aamir Khan and Zaira Wasim starter "Secret Superstar" minted Rs 4.80 crore on Diwali, the makers said. The Advait Chandan directorial, which released on Thursday ..Written by : IANS | 11:06 PM
Mumbai, Oct 20: India batsman Rohit Sharma on Friday stressed that the team has clear intentions to continue the good form as they face New Zealand in the first of the three-match One-Day Internationa ..Written by : IANS | 11:04 PM
Thiruvananthapuram, Oct 20: Kerala Chief Minister Pinarayi Vijayan on Friday hoped state BJP chief Kummanam Rajasekheran will motivate his party's National President Amit Shah for a creative debate on ..Written by : IANS | 11:02 PM
The Police Commemoration Day is observed on October 21st every year.This year Home Minister Rajnath Singh will lay the wreath in Police Memorial Ground on Saturday on the occasion of Police Commemorat ..Written by : IANS | 11:00 PM
New Delhi, Oct 20: Union Environment Minister Harsh Vardhan on Friday said the air quality in Delhi this Diwali was better compared to last year. "The number of 'Good', 'Satisfactory' and 'Moderate ..Written by : IANS | 10:58 PM
A tweet was posted by news18 to Finance Ministry regarding cracker sale “One apprehended in Delhi for selling crackers to people secretly CrackerFreeDiwali NoiseFreeDiwali Diwali” to which some un ..Written by : IANS | 10:50 PM
After the decision of Allahabad high court which has set free Talwars' for the murder of Aarushi and Hemraj, the family of Hemraj said that if the Central Bureau of Investigation (CBI) does not move S ..Written by : IANS | 10:32 PM
Hyderabad, October 04: Two decades ago the Tollywood movie Shiva has shattered all the records at the Box office.The movie was directed by the sensational and epic director Ram Gopal Varma. "Shiva" ..Written by : IANS | 05:50 PM
Hyderabad, September 20: Junior NTR's movie 'Jai Lava Kusa' is all set for grand release on September 21, on the occasion of Dasara Festival.The movie is the highest budget film in NTR's career. T ..Written by : IANS | 03:53 PM
Hyderabad, September 16: Actor Ram Charan is braving tough conditions and shooting longer hours for upcoming Telugu rural-based romantic-drama "Rangasthalam 1985" under the direction of classical dire ..Written by : IANS | 06:49 PM
Kabul, Oct 20: A suicide bomb explosion rippe ..
Indore, Oct 20: At least 36 people were injur ..
The Kerala Tourism department has thanked the ..
New Delhi, Oct 20: Vice President M. Venkaiah ..
Madhya pradesh: People in Betul believe that ..
New Delhi, Oct 20: The Central Bureau of Inve ..
Guwahati, Oct 20: Senior BJP leader and Lok S ..
After the Kolaveri Da jibe on the controversy ..
Chandigarh, Oct 20: Over 41.25 lakh tonnes of ..
Thiruvananthapuram, Oct 20: Kerala Chief Mini ..
India has not invited Pakistan and North Kore ..
After Trump's threat that he will backout fro ..
Moscow, Oct 20: The US and its allies attempt ..
Washington, Oct 20l: US President Donald Trum ..
Australia has received a letter from North Ko ..
A flaw in Google Chrome which can be exploite ..
Kuala Lumpur, Oct 20: Malaysia has struck a " ..
Nepal, October 20: As we knew that, Diwali ce ..
Washington, October 19: US President Donald T ..
American author George Saunders has won the p ..
Patna, October 21: The Match between Telugu T ..
Pune, October 21: An interesting Match has em ..
South Africa batsman AB de Villiers has once ..
Mumbai, Oct 20: India batsman Rohit Sharma on ..
Star striker Neymar Jr is fined 3.8 million r ..
Former Indian fast bowler S Sreesanth, who wa ..
New Delhi, October 20: The New Cricket ODI ra ..
New Delhi, October 20: Former Indian crickete ..
New Delhi, Oct 20: The former India captain M ..
Mumbai, October 20: Former Indian Indian Capt ..
New Delhi, Oct 20: The government on Friday s ..
Hyderabad OCT 20: Are u fond of Jewellery?Do ..
Hyderabad: Nowadays, The Health consciousness ..
Kolkata, Oct 18: A mobile phone mounted with ..
New Delhi, Oct 18: Global IT solutions provid ..
Corporate colleges murky education marketing ..
Hyderabad Oct 17: Many people celebrate Diwal ..
The parents of Intermediate students, in part ..
The 2018 Audi Q8 is based on the Q7 SUV and a ..
San Francisco, Oct 16: With a rise in smartph ..