Tura, November 09: The Meghalaya Governor V Shanmuganathan has lauded the decision of the Narendra Modi Government to do away with the circulation of the Rs 500 and Rs 1000 denominations from the country.
“The decision to scrap Rs. 500 and Rs. 1000 currency notes is a dynamic decision taken by the government of India. It can curb financing of terrorism through the proceeds of fake Indian currency notes. This can help to eliminate Black money and Corruption.
This step can effectively stop funds from subversive activities such as smuggling of arms, drugs, espionage and other anti-national activities. I feel, India is moving fast, with safety and security of every Indian, to achieve greater heights of development,” said Meghalaya Governor V Shanmuganathan.
