Prime Minister Narendra Modi’s announcement about demonetising Rs 1000 and Rs 500 currency notes was on Tuesday hailed as a “bold step” by President Pranab Mukherjee and BJP, which called it a “surgical strike” on black money, but his rivals denounced it as a “heartless and ill-conceived” decision that would inconvenience people.
Mukherjee, who was briefed by the Prime Minister about the impending announcement, described the decision as a measure that will help unearth unaccounted money as well as counterfeit currency, a Rashtrapati Bhavan statement said.
Mukherjee called upon people not to panic and to follow the government’s guidelines for exchanging currency notes of Rs 1000 and Rs 500 denomination available with them. Hailing Prime Minister Narendra Modi for his “surgical strike” against black money and corruption, BJP chief Amit Shah termed the step as “tough but timely and path-breaking”.
He asserted that Modi had again demonstrated his unwavering commitment to fulfilling the promises he made to people. “We feel proud of PM Narendra Modi ji’s surgical strike against black money and corruption. His decision to discontinue Rs 500 and Rs 1000 rupee note will immensely help in eliminating corruption.
On behalf of all BJP karyakartas, I compliment the Central government and the PM for taking tough but timely and path-breaking measures. “We can no longer let corruption and black money slow down our development journey. We must create a prosperous India for future generations. The elimination of black money will help boost development with justice,” Shah said in a statement as well as a series of tweets.