Andhra Pradesh Chief Minister N Chandrababu Naidu stated that the popularity of the NDA alliance has grown following recent poll results. During a press conference in Amaravati, he also advocated for the withdrawal of ₹500 notes to promote digital currency.

AMARAVATI — Andhra Pradesh Chief Minister N Chandrababu Naidu stated that the popularity and preference for the National Democratic Alliance (NDA) in the state have increased since the 2024 General Elections. According to Naidu, this shift is a result of development in the state over the last two and a half years.

Addressing a press conference in Amaravati, Naidu highlighted the success of the NDA alliance in the recent municipal and parishad polls. He reported that the alliance secured 58.90 per cent of the votes in the municipal polls, achieving a strike rate of 94 per cent. He also noted that the YSR Congress Party has lost over 6.25 per cent of votes overall.

Emphasizing internal governance and party structure, Naidu stated that members of the NDA alliance must maintain discipline and give primacy to the objectives of the coalition. He added that the Telugu Desam Party (TDP) will not allow rebel candidates to rejoin the party, reiterating that service to the people should remain the primary criterion for political success.

During the press conference, the Chief Minister also addressed broader economic and monetary measures. Naidu suggested that ₹500 currency notes should be withdrawn and digital currency should be promoted. He framed this proposal as a measure to combat corruption and the influence of money power in elections.

"Chief Minister N Chandrababu Naidu's push for digital currency and the withdrawal of high-denomination notes highlights the growing importance of transparent financial systems in governance. For the business and startup ecosystem, a stronger emphasis on digital transactions creates a more accountable economic environment, which is essential for long-term growth and reducing the role of unaccounted cash in public life." — Dr. Shishir Gupta, Founder & CEO, StartupLanes

Recent StartupLanes Articles

Browse through our 30 latest publications on venture capital, startups, and angel investing.