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Chandrababu Naidu Plans To Provide Free Mobile Phones For Cashless Transactions
Chandrababu Naidu (Dhiraj Singh/Bloomberg via Getty Images)
Andhra Pradesh Chief Minister, N Chandrababhu Naidu has asked officials to review a possible proposal to hand out free mobile phones to the economically backward sections so that they may be able to make cashless transactions. The idea came up during a meeting with officials including a few from the Reserve Bank of India.
Calling black money as the root of all evil, Naidu said it could be curbed by abolishing cash transactions and making it mandatory for all transactions to go through banks.
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