Notes ban stopped fake currency flow: Rijiju
By Vamsi Krishna N : 21-Jan-2017
The revolutionary step was taken by our Prime Minister Narendra Modi on November 8, 2016, by withdrawing the legal tender of high denomination currency notes of Rs. 500 and Rs. 1000 has helped the country in stopping the printing of fake currency notes across the Indian border, claimed Union Minister of State for Home Affairs, Kiren Rijiju.
The Union Minister who is at the Digi Shan Mela at the Indira Gandhi park here has said to the media that it is a revolutionary step taken by the Narendra Modi to demonetise the high-end currency notes in order to tackle with black money and terrorist funding activities, and the people of the nation should recognise the importance of such an action and should be prepared to adapt to such changes which Modi is attempting.
Regarding the recent implementation of digital payments in the country for making India a cashless economy, he said that efforts should be made to transform Arunachal Pradesh into a cashless economy by implementing cashless transactions in villages as soon as possible.
He further added that, “How will the country with 130 crore population develop if black money is kept concealed? Even in the 21st century, many villages in the country have no proper road communication which is the greatest tragedy for India.”
He also said that even though the implementation of cashless transactions would initially cause some troubles and pose some challenges for the people, they have to accept it to make their lives comfortable in the future.
He further added that, since India is a huge nation it would definitely take some time for the adoption of such a huge change, he said that “We have no time to stay behind develop nations in this digital era for which the Prime Minister has introduced cashless transaction to cope up with the changing economy.”