Central Government has formed a committee of 5 CMs to help resolve the problems of demonetization. Union Minister Arun Jitley called AP CM Chandrababu to lead the committee which was immediately agreed by AP CM. Jitley stated that a sub committee is formed with the CMs of 5 states for which Chandrababu Naidu is the Chairman, MP CM Sivaraj Singh Chowhaan, Puducheri CM Narayana Swami, Bihar CM Nitish Kumar and Tripura CM Manik sarkar are the members. It has been reported that this committee will have a meeting in Delhi within one week under the guidance of Niti Aayog Chairman Arvind Panagaria. This committee will have to prepare a report on how to overcome the present situation and to how to implement cashless transactions in the country.