Naidu Holds Tele-Conf on Bank Transactions

Andhra Pradesh chief minister N Chandrababu Naidu today held a tele-conference with top officials of the state on the problems being faced by the people,  including bank transactions,  post-demonetisation .

He held the tele-conference with senior officials, district collectors and officials of different banks, from his official residence in Undavalli. While underlining the need for Government interference in banking system, the chief minister said the bankers should not see the interference as a pressure tactic.

         

The A P government is encouraging cash-less transactions in the state and   Andhra Pradesh is first state in the country which is already implementing online Mee seva, E-pass and other government related services, he said.

          

 Referring to cash-less transactions, the chief minister suggested that if 5500 business correspondents and 29,000 ration dealers worked together implementing cash-less facilities, the work load on banks would be reduced. Presently, the Government is distributing essential commodities through fair price shops using e-pass mission.

           

Naidu emphasized on the need for more cash-less transactions after December 1. There was a need for more propaganda about benefits of cashless transactions. The chief minister asked the officials to ensure trouble-free transactions in the wake of currency change problems. (NSS)