New Delhi: The government’s move to demonetise currency notes of high denominations has, in one deft stroke, ended all kinds of funding for terror and Maoist activities, a top BJP leader said on Thursday.
 
He also said that the move will clean up electoral politics by ridding it of misuse of money power. 
 
“It has been found that mostly Rs 500 and Rs 1,000 notes are used to fund nefarious activities. Most fake currency is in these denominations. So, by demonetising Rs 500 and Rs 1,000 notes, the government has ended all such funding in one stroke,” he said during an informal interaction with the media.
 
Vowing to continue the Bharatiya Janata Party’s fight against black money and corruption, the party leader said the decision to demonetise notes of Rs 500 and Rs 1,000 may even hit the party’s own vote bank but for it national interests are always supreme.
 
Denying the opposition charge that the decision was taken with an eye on the coming assembly elections in five states, including Uttar Pradesh, the BJP leader said: “The decisions on the surgical strikes in Pakistan-administered Kashmir and demonetisation have been taken in national interest. Such decisions connected to national interest are not taken on electoral considerations.”
 
Denying that the Bahujan Samaj Party was a threat to the BJP in Uttar Pradesh, he said his party’s main rival will be the ruling Samajwadi Party of Mulayam Singh Yadav.
 
He said both these parties have been hard hit by the demonetisation.
First Published | 10 November 2016 9:36 PM
Download English News App and stay updated with all Latest News. For News in English, follow us on