Khandu welcomes Modi's demonetisation decision

Image
Press Trust of India Itanagar
Last Updated : Nov 10 2016 | 12:57 AM IST
Arunachal Pradesh Chief Minister Pema Khandu has welcomed the decision of Prime Minister Narendra Modi to demonetise the currency notes of Rs 500 and Rs 1,000 denominations from the midnight of November 8.
In his congratulatory letter to the Prime Minister today, Khandu said that this revolutionary measure of his would have far-reaching impact on the fight of the nation against evils of corruption, black money, counterfeit notes and terrorism, an official communique said.
"The people of Arunachal Pradesh whole heartedly welcome this decision and we are committed to support this effort," his letter added.
"I shall personally monitor to ensure smooth transition towards a Swachh Bharat in the truest sense," he assured the Prime Minister.
Khandu has appealed to the citizens of Arunachal not to panic on the landmark decision of Prime Minister.
He said that enough provisions and time have been given to deposit or exchange the old currency notes of Rs 500 and Rs 1,000 denominations and every possible measure was being taken to ease the public inconvenience.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Nov 10 2016 | 12:57 AM IST

Next Story