This is an archive article published on November 10, 2016
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Demonetisation a revolutionary step to fight corruption: Anna Hazare

“The decision to issue the new currency notes of Rs 2000 denomination needs to have adequate safeguards to ensure it does not generate black money in future,” Anna Hazare said.

Written by: Shubhangi Khapre
2 min readMumbaiNov 10, 2016 09:49 AM IST First published on: Nov 10, 2016 at 01:20 AM IST
Social activist Anna Hazare. File photo Social activist Anna Hazare. File photo

Anti-corruption activist Anna Hazare believes Prime Minister Narendra Modi’s decision on Tuesday night to wipe out black money by scrapping the currency notes of Rs 500 and Rs 1,000 was a revolutionary step. And could lead to the beginning of a “new India marching towards a corruption-free society”. The 79-year-old says the next step should be towards electoral reforms to check black money in the poll process.

 

Speaking to The Indian Express, Hazare said, “The decision to ban the circulation of Rs 500 and Rs 1000 notes is the first step, which would help in wiping out black money and putting brakes on illegal financial operations to the terror organisations. The decision will help in tackling the fake currency in circulation.”

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