Printing of ?2,000 notes should be stopped in future: Ramdev
Hailing PM Narendra Modi for scrapping ?1,000 and ?500 currency notes, Baba Ramdev on Tuesday said printing of ?2,000 notes should also be stopped in future. "The adverse effect of high denomination currency is evident as fake ?2,000 notes have arrived," said Ramdev. "Fake currency in high denomination is convenient for printing, transportation and difficult to trace," he added.
Raipur, Jan 9 (PTI) Hailing Prime Minister Narendra Modi for demonetising Rs 1,000 and Rs 500 currency notes, Yoga guru Baba Ramdev today said printing of Rs 2,000 currency notes should also be stopped in future. "The adverse effect of high denomination currency is evident as the fake currency in the denomination of Rs 2,000 notes has arrived (in the market). The bigger value note has the same problem for which Modiji has scrapped the other ones," Ramdev told reporters here. "Fake currency note in high denomination is convenient for printing, transportation and difficult to trace...I feel the printing of Rs 2,000 note should be stopped in future," he added. "In future, wherever there will be strong need, cash should be used otherwise we should move towards a cashless economy. As we move ahead toward digital transaction it will ensure transparency and accountability in the economy," Ramdev added. The Yoga guru further said he has full faith in the prime minister, saying he is enacting good policies for empowering the county. "The prime minister is making strong efforts for the betterment of the country. But we cant be dependent only on politician or political party to bring Achhe din (good days). I have already said that both the government and the society will have to work together to make the country prosperous and bring good days," he added. Terming demonetisation as a historic and brave step, he said, black money constitutes 80-85 per cent of the economy and Modiji has taken bold step to solve the issue. 