long-term benefits

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Sir — This refers to the editorial, “Note-worthy decision” (November 10). As the US counted votes, Indians counted notes, thanks to Prime Minister Narendra Modi. Undoubtedly, the demonetisation drive will cause inconvenience, but there will be long-term benefits.

The surprise move was well-planned and well-executed. Fake currency, terror and drug trade go hand-in-hand and are the enemy’s known tools. It has long been an open secret as to how black money is generated. People will now have to account for their cash if they want to convert or deposit it.

Daily Pioneer
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