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One year of Demonetisation

Demonetisation struck blow to anti-India forces: Manohar Parrikar

PTI|
Updated: Nov 08, 2017, 01.20 PM IST
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"Terrorism & naxalism thrives on unaccounted cash & black money. #Demonetisation has struck a blow to anti-India forces," he said in another tweet.
"Terrorism & naxalism thrives on unaccounted cash & black money. #Demonetisation has struck a blow to anti-India forces," he said in another tweet.

Former Defence Minister Manohar Parrikar today said demonetisation has struck a blow to anti-India forces and empowered the poorest of poor through an increase in financial inclusion and formalisation of the economy.

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".
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