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Demonetisation: Jaitley asks Chandrababu Naidu to head committee of CMs to suggest ways for better implementation

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Arun Jaitley had asked Chandrababu Naidu to head the committees of CMs to suggest ways for better implementation of the demonetisation process. The government is in critical mode, as recently RBI has also speculated a reduced growth percentage from its earlier estimate.

Chandrababu Naidu, an ally of the BJP, had been seeking a ban on high value notes as a way to combat black money, much before the Centre came out with the move. The committee is also expected to work on ways to move towards a cashless economy.

ALSO READ: RBI keeps REPO rate unchanged at 6.25%

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