Ramdev backs demonetisation, says "nothing is bigger than the nation"

Lauding Prime Minister Narendra Modi's commitment to the nation over the decision to scrap 500 and 1,000 rupee currency notes, Yoga Guru Baba Ramdev on Sunday urged the people to maintain patience while stating that nothing is bigger than the country.

Justifying his assertion, Ramdev said black money, corruption, terrorism, Naxalism and most importantly fake currency has been attacked in one go by Prime Minister Modi post demonetisation of currency.

"Huge inconvenience has been caused that can be lessened and the government is trying to do so but the people shouldn't condemn Prime Minister Narendra Modi" he said.

"During war, our soldiers fight without eating food for seven to eight days. So, can't we do the same for our nation? Many people are showing their opposition to the Prime Minister but nothing is bigger than the nation," he added.

Last Tuesday, Prime Minister Modi took a major step to check black money and announced demonetisation of 500 and 1000 currency notes.

In his televised address to the nation, the Prime Minister said the people possessing notes of Rs. 500 and Rs. 1000 can deposit the same in their banks and post office accounts from November 10 till December 30.

With the people facing trouble post this announcement, the government later on Friday extended the existing exemptions on paying public utility bills till November 14.

In a press release, the government reassured that there is enough cash with the RBI and supply of cash to bank branches and ATMs are being stepped up gradually.