Demonetisation strongest push for optimal cash economy: Mukesh Ambani

At the event Ambani said, “Today, I would like to congratulate Prime Minister Narendra Modi ji's bold and historic decision to demonetise old currency”.

Mumbai, Dec 1: Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, on Thursday congratulated and applauded Prime Minister Narendra Modi on his bold decision to demonetise currency.

He was speaking at an event to launched 'Jio Happy New Year' offer for its new and existing customers.

At the event Ambani said, "Today, I would like to congratulate Prime Minister Narendra Modi ji's bold and historic decision to demonetise old currency".

Ambani was of the belief that common people will be the biggest beneficiaries of this change. He further added that by introducing demonetisation our PM has given us a cashless optimal economy; everybody has a digital ATM in hand now.

He further said that, "Digitally-enabling transactions will boost economic growth, while bringing unprecedented transparency and accountability. With this historic step he has given strongest possible push to digitally enabled economy."

"By doing this, our PM has given the strongest push to growth of digitally-enabled, optimal-cash economy in India," said Mukesh Ambani ending his speech.