Assam Guv,CM welcome Centre's decision to scrap Rs 500 and Rs 1000 notes

In a statement, Assam governor Banwarilal Purohit welcomed the bold step of the central government led by Narendra Modi and said that the announcement on demonetization of Rs. 500 and Rs. 1000 notes will propel the economic growth of the nation to a new trajectory.

The Assam governor further said that the decision would also help in checking black money, fake currency and corruption.
           
Terming the Centre’s move as a deadly blow to insurgency, terrorism and other anti-social activities, Purohit said that this move will even fortify government’s resolve to fight against the menace of black money and other related evils and expedite the development of all sections of the people of the country.

On the other hand, Assam CM Sarbananda Sonowal lauded Prime Minister Narendra Modi for his decision of scrapping Rs. 1000 and Rs. 500 notes with immediate effect and said that the move will lead to an accelerated economic development of the Nation.

“I welcome the bold decision taken by the Prime Minister in demonetization of notes with Rs. 1000 and Rs. 500 denomination which will definitely a step towards making corruption free society. Black money posed a serious threat to our society and the announcement on scrapping Rs. 1000 and Rs. 500 notes will not only eliminate the menace of black money, it will also act as a deterrent against fake currency and corruption,” Sonowal said.
           
Hailing the decision of the Prime Minister Sonowal said that the decision has been taken in the larger interests of the people of the country which would also go against insurgency and other illegal trades being perpetrated against the interest of the Nation.

The Assam CM urged the people of the state ‘to exercise restraint’ as the move might cause initial inconveniences to the people.

“The decision has the potential of expediting the economic development of the country and will ensure economic wellbeing to all sections of the people,” Sonowal said.

All Assam Students Union (AASU), Axom Sahitya Sabha, Asomiya Yuba Mancha havae also welcomed the Centre’s decision.

“Centre’s decision will help the country’s economic growth and to check black money, fake currency, terrorism, Hawala etc illegal activities,” AASU Advisor Dr Samujjal Kumar Bhattacharya said.

On the other hand, people of the state have gone in a panic state after Centre’s announcement on demonetization of Rs. 500 and Rs. 1000 notes effected from midnight last.

Long queues were seen in front of ATM’s in different areas of the state last night.

Meanwhile, the officials of SBI Guwahati Regional office appealed the people to exercise restraint and said that no need to panic about the Centre’s decision.

“People can exchanged the Rs 500 and Rs 1000 notes at any bank and post office branch with valid ID from November 10. Rs 100 notes will available in all SBI ATM’s in the state from November 11. So people can easily exchange the older currency,” a top SBI official said.

(Reporting by Hemanta Kumar Nath)