The move would bring down inflation and boost growth. “People having negative thoughts about it should shed that. If we succeed, then this will bring sustained growth in the economy,” Tripathi said.
WATCH VIDEO: Demonetisation: Opposition Ups The Ante Against Government
His comments on demonetisation were in sharp contrast to the views of Chief Minister Mamata Banerjee, who has been vociferous in opposing the move, saying it was causing immense hardship to common people and hurting the economy. Meanwhile, without commenting on Tripathi’s views, Chattopadhyay said, “We never supported black money but such a hastily taken decision has affected many in a negative manner, especially factory workers and daily wage earners who have been left helpless. A real leader would never take any decision which would bring such inconvenience to the common people,” he said.
Tripathi also lauded Prime Minister Narendra Modi’s Act East Policy which would make Kolkata closer to the countries of South East Asia and the city would once more regain its past glory. Assocham, the apex chamber, which started functioning from the city in 1920, will build its own house in Salt Lake, according to its president Sunil Kanoria.