Governor Ram Naik hailed the decision of Prime Minister Narendra Modi to demonitise old Rs 500 and Rs 1000 currency notes saying that the action would prevent corruption, hoarding of black money and circulation of counterfeited money.
In a statement issued on Thursday, Naik said that the move was against those people who have acquired money through illegal means.
Admitting that the decision could create some problem for the people for a short period, the Governor said that in future it will be a boon for the Indians.
“People should support the government on this matter. The decision was taken in a prompt manner and the masses should not be influenced with any rumours,” he said.
Meanwhile, Union Home minister Rajnath Singh will release a book named ‘Chareywati- Chareywati’, originally penned by Governor Ram Naik in Marathi and now translated in English,Hindi and Urdu, at the Raj Bhwan on Friday.
Chief Minister Akhilesh Yadav will also be present at the function. The book was released by President Pranab Mukherjee at Rashtrapati Bhawan on Wedneday.