SO MUCH OF CURRENCY SUPPLY TO TELUGU STATES

 

New Delhi,April 19,(globelmedianews.com):
Bankers are not understood why the issue coming because bankers sending 10% of the cash supply in the country is being sent to the Telugu state.The central government is studying deeply as it becomes a problem beyond limit.According to preliminary information, large contractors are issuing checks to small contractors.All this is under the name of Sub-contractors. All small contractors are spending money for projects.A senior official with the affair said, "This is why people and companies who have drawn cash in the past few weeks have focused on companies.


SO MUCH OF CURRENCY SUPPLY TO TELUGU STATES

Tax officials are evolving over all cashable aspects of cash shortages. Elections in Karnataka and AP in the coming year will be held in Telangana as there is a suspicion that the cash is still being held by the authorities. The IT department is also focusing on the cash withdrawal of the Telugu state even as it is likely to come ahead of the election. Their investigation is in all angles.



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