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Demonetisation bitter pill, will have healthy impact on

Press Trust of India  |  Indore 

Yoga guru Ramdev today described the Centre's as a "bitter pill" but said it will have a "healthy impact" on the

"is posing some problems to commoners. It is an issue which will wither in a few more days. It is like a bitter pill for the but it is going to have a good impact," he told reporters here.

"The opposition had called a 'bandh' yesterday to protest against but the people stood by the decision of scrapping high-value currency notes. This shows that Prime Minister Modi has taken a bold step to demonetise the old Rs 500 and Rs 1,000 currency notes. He has also won the people's confidence with this move," Ramdev added.

He congratulated for completing 11 years in office as the Chief Minister today.

Ramdev said Chouhan, as chief minister, had worked for the welfare of farmers, labourers, and the oppressed, adding that had "excelled" in agriculture, industry, health, education and other sectors under his leadership.

The prime minister, on November 8, had announced his government's decision to demonetise Rs 1,000 and Rs 500 currency notes.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 29 2016. 19:57 IST