GUWAHATI, NOVEMBER 9: Assam Governor Banwarilal Purohit today hailed Prime Minister Narendra Modi’s move on demonetisation of Rs 500 and Rs 1,000 currency notes.
Welcoming the step of the Modi government, Purohit said, “The announcement on demonetisation of Rs 500 and Rs 1,000 notes will propel the economic growth of the nation to a new trajectory.”
The decision would also help in checking black money, fake currency circulation and corruption, he said.
Purohit termed the Centre’s move as a “deadly blow to insurgency, terrorism and other anti-social activities”.
“This move will even fortify government’s resolve to fight against the menace of black money and other related evils and expedite the development of all sections of people of the country,” he added.
FICCI supports Centre’s decision on currency notes
Guwahati, Nov 9 (PTI) FICCI North East Advisory Council Chairman Ranjit Barthakur today described demonetisation of Rs 500 and Rs 2000 currency notes as a “very bold move” by the Prime Minister and complimented the Centre for its measures to deal with black money.
Commenting on the government’s decision, Barthakur said, “This is a very bold move by the Prime Minister and will have a positive impact on the economy while delivering a body blow to terror financing and the parallel economy.
“FICCI completely supports this move and compliments the government for its continuous measures to deal with the issue of black money in the country”, Barthakur said in a release here.
“While there could be some inconvenience for the people in the short term, we are sure that the government and RBI will take adequate measures to ensure a smooth transition,” he said.
He urged all sections of the society to support the government’s initiative and help the country’s economy gain strength by addressing the menace of black money.