Get Updates
Get notified of breaking news, exclusive insights, and must-see stories!

Parrikar calls demonetisation a 'reformist measure' that struck blow to anti-India forces

A year after the Centre's decision to ban Rs 500 and Rs 1,000 currency notes, the chief minister of Goa commented on the move on Twitter.

Panaji, Nov 8: Terming demonetisation as a "reformist measure" to weed out black money, former defence minister Manohar Parrikar on Wednesday said demonetisation has struck a blow to anti-India forces.

Manohar Parrikar

A year after the Centre's decision to ban Rs 500 and Rs 1,000 currency notes, the chief minister of Goa commented on the move on Twitter.

"Through increase in financial inclusion & formalisation of our economy, #Demonetisation empowered the poorest of poor," Parrikar said in a tweet.

"Terrorism & naxalism thrives on unaccounted cash & black money. #Demonetisation has struck a blow to anti-India forces," he said in another tweet.

In another tweet, the senior BJP leader said, "#Demonetisation was a reformist measure to weed out black money, strengthen our economy, & establish good governance."

Parrikar was the defence minister between November 2014 and March this year. He resigned in March to take over as the chief minister of Goa.

On November 8 last year, Prime Minister Narendra Modi had announced the scrapping of Rs 1,000 and Rs 500 notes as a measure to fight blackmoney, corruption, fake currency and terror funding.

The BJP earlier announced that it will mark the first anniversary of demonetisation as 'anti-blackmoney day', setting up a political tug of war with opposition parties which have planned to observe it as a "black day".

PTI

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+