Union Urban Development Minister and Information and Broadcasting Minister, M Venkaiah Naidu said that the country is facing challenges of black money and corruption and emphasized that electronic and digital transfer of money is the need of the hour. <br/><br/>Speaking after inaugurating the VUDA (Visakhapatnam Urban Development Authority's) Children Arena and Children Theatre in Visakhapatnam today, he said, demonetisation measures initiated by the Prime Minister Naredra Modi is with the objective of helping the poorest of the poor. <br/><br/>Mr Naidu said, the NDA government initiated various welfare initiatives for children in the country and VUDA children theatre is one of the best theatres in the country which is going to promote entertainment, science and technology and literary programmes.