 "Demonetisation to bring probity in politics, govt: Rajnath Singh")
Hailing the Centre's move to demonetise Rs 1,000 and Rs 500 currency notes, Home Minister Rajnath Singh on Saturday said the action will bring probity in political and administrative works besides reducing the gap between rich and poor.
There are some hardships being faced by the people following the demonetisation but this will continue for a short time only as the government is putting in all efforts with full sensitivity to normalise the situation, he said.
"Naturally, this decision will result in curbing economic sources of corrupt and terrorists. It will also increase probity in political and administrative works," Singh said.
This move will also help in reducing the gap between rich and poor people, he said.
The home minister said the central government decided to demonetise Rs 1,000 and Rs 500 notes with an aim to rein in corruption, black money and terrorism.
"It is a historical and brave decision taken for national interest. Terrorism, extremism and Naxalism will come down. Such decisions are taken by people who are doing politics not only for the formation of government but also for society and nation building," he said.
Singh said the way people have welcomed the decision of demonetisation and provided cooperation and support, it is commendable.
There are some hardships being faced by the people following the demonetisation but this will continue for a short time only as the government is putting in all efforts with full sensitivity to normalise the situation, he said.
"Naturally, this decision will result in curbing economic sources of corrupt and terrorists. It will also increase probity in political and administrative works," Singh said.
This move will also help in reducing the gap between rich and poor people, he said.
The home minister said the central government decided to demonetise Rs 1,000 and Rs 500 notes with an aim to rein in corruption, black money and terrorism.
"It is a historical and brave decision taken for national interest. Terrorism, extremism and Naxalism will come down. Such decisions are taken by people who are doing politics not only for the formation of government but also for society and nation building," he said.
Singh said the way people have welcomed the decision of demonetisation and provided cooperation and support, it is commendable.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%