Himachal Chief Minister Virbhadra Singh on Wednesday welcomed the decision of Prime Minister Narendra Modi of demonetisation of Rs500 and Rs1,000 currency notes. He, however, said it was a step taken in haste.
Speaking to media in Mandi, he said It was a bold step taken. He said that the necessary arrangements and steps before demonetisation of currency notes would have been ensured to safeguard the interest of farmers, the small traders and shopkeepers, the wagers and those many who have hard-earned money in hand.
“The decision has come as a setback to those who have marriages going on, for the farmers and marginal traders who were undergoing financial transaction and were in immediate need of money,” he said.
However, “I hail the bold decision and welcome the step taken to curb and stop the menace of black money so as to fight against corruption”, he said.