"This is a very thoughtful and bold move by the Prime Minister, which will reinforce the faith of the people in the ideas of transparency and governance. This step will not only clean up the scourge of parallel economy, but will also provide a major fillip to the nation's transition into a cashless digital economy," Mittal, Founder and Chairman, Bharti Enterprises, said in a statement.
Prime Minister Narendra Modi last night announced demonetisation of Rs 1,000 and Rs 500 notes with effect from today.
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