Currency move gets thumbs up from noted and ordinary people

Eminent personalities and citizens from various walks of life today seemed to agree on the possibility that high-denomination currency discontinuation will lead to curb in black money, saying, it was a short-term pain for long-term benefit of the country.
"It's a bold innovative move and honest tax payers have nothing to worry about. Though there may be initial discomfort and inconvenience which should be borne in the larger interest of the society and the nation," former Attorney General of India, Soli Sorabjee, told PTI.
Child rights activist and Nobel Laureate Kailash Satyarthi today commended the Centre's move to discontinue high-denomination currency notes, saying human trafficking and child labour were among the largest sources of black money.

Seeking to curb black money, the Modi government had yesterday, after withdrawing all Rs 500 and Rs 1,000 banknotes in circulation, announced that the old high denomination currency would continue to be accepted for next 72 hours at certain public utilities.
"I use plastic money, so I am not worried much anyway. But, yes, it has caused lot of inconvenience to many people, but I guess it is only a short-term one... The move definitely would have a long-term implication, and help in curbing corruption and black money," said A K Talwar, a central government employee.
Raj Kapil, a CISF personnel, said, the move has created problems for him, but, he is willing to live through it, as it is in the larger interest of the public.

"One of the major impacts would be on flow of black money, as unscrupulous builders and terrorists use Rs 500 and Rs 1,000 denomination notes. Also, duplicate currencies are mostly printed in this denomination. So, now, these things will come on radar," a senior official of Railway Ministry said.
Union Road Transport, Highways and Shipping Minister Nitin Gadkari today said that Rs 1.5 lakh crore black money has already been released.