Demonetisation, a brave step, will wipe out black money: Motkupalli

Former minister and TD leader Motkupalli Narsimhulu on Tuesday termed the Centre’s demonetization policy as a brave step in tackling black money menace.

Speaking to media persons here, the TD leader said that the Modi government has taken a bold stop to unearth black money which has weekend the country’s economy over the years.

Narsimhulu said that though the people were facing difficulties due to monetization it is good for the people in the future. He said that the difficulties of people will soon end and it would usher in a good era and a strengthen economy. He said that the people should welcome the Centre’s move.

Telugu Mahila president Shoba Rani was also present.