Andhra Pradesh Chief Minister N Chandrababu Naidu has urged the scrapping of high-denomination currency notes of Rs 500 and Rs 2,000, arguing that eliminating high-value cash transactions could help break the cycle of corruption and make wealth creation and poverty eradication easier. On Monday, Naidu made a strong pitch for digital currency and technology-driven governance, claiming he had submitted inputs for a report on the subject in the past and repeatedly raised the issue with Prime Minister Narendra Modi. He demanded that currency denominations of Rs 500, Rs 1,000, and Rs 2,000 should be scrapped, leaving only Rs 100 and Rs 200 notes. The call comes a day after the anniversary of the demonetisation move, which withdrew Rs 500 and Rs 1,000 currency notes from circulation in November 2016 as a measure to curb black money, counterfeit currency, and corruption. Naidu further argued that technology, if implemented effectively, could help address deep-rooted economic and governance challenges. He also called for a fundamental change in electoral politics, suggesting that elections should be driven by public service rather than money power. The NDA has initiated a new political culture by attempting to curb the distribution of cash during elections, aiming to reduce election expenditure and make elected representatives more accountable to the people.