People panic, queue outside ATMs.

People panic, queue outside ATMs.

Modi’s promise; govt decision to help eliminate corruption: Amit Shah

Big problem for common man, say people on scrapping big notes

Agency Report | New Delhi/Thiruvananthapuram | 8 November, 2016 | 10:10 PM

BJP President Amit Shah backed the Narendra Modi government's decision to scrap Rs 500 and Rs 1,000 notes from midnight, saying the move will help in eliminating corruption. Common people were in for a bit of a shock as they felt it would lead to lot of chaos in the next few days but many welcomed the move a fight to rein in corruption and black money.

“PM @narendramodi has yet again demonstrated his unwavering commitment to promises he made to people of India,” Amit Shah said in a Tweet within minutes of Modi concluding his address to the nation.

“PM @narendramodi ji’s decision to discontinue Rs. 500 and Rs.1000 rupee note will immensely help in eliminating the corruption.

“Let us all support PM @narendramodi in his efforts & together nurture a nation that we all are proud of. I once again congratulate him,” he said in a series of tweets.

“Announcements made by PM @narendramodi are exactly what are needed to uproot corruption, black money, hawala & fake currency rackets.

“On behalf of all BJP Karyakartas, I compliment the Central government and PM @narendramodi for taking tough but timely and path-breaking measures,” he further posted.

“Evil designs of anti-India elements which support terror on Indian soil, fake currency rackets and narcotics also stand thwarted today,” Shah tweeted.
Kerala residents had mixed reactions to the unexpected announcement by Prime Minister Narendra Modi that Rs 500 and Rs 1,000 currency notes will cease to be legal tender from midnight Tuesday, with most calling a “big problem” for common man.

Long queues have started to build up in front of ATMs.

“This is just going to be a big problem for people,” said a middle-aged man waiting in front of the ATM in the state capital to withdraw money.

My god, what’s going to be the impact can be seen from tomorrow onwards when there will be unending queues in front of the banks and post offices. I do not have any unaccounted or such money… all that I have is my hard-earned money and now it’s going to be a pain to get changed the few notes that have now been withdrawn,” said Bessy John, a housewife in Kerala.

Former Indian Ambassador to Slovenia and Austria, T.P.Sreenivasan said the only such thing that he can recall of such a thing happening is in Myanmar and it appeared to have had an impact there.

State Bank of India chief general manager S. Adikeshen said that this is a move against corruption.

“The message is loud and clear that this is to fight corruption. In everyday life, we always hear of statements being made by people when they buy a house about that they have paid this much in white and this much in black,” he said.

Former Kerala legislator and bureaucrat AK.J.Alphonse, now a Bharatiya Janata Party national executive member, welcomed the decision.

“This is a blow to those who have unaccounted money and this must be seen along with the decision that was taken before to disclose unaccounted money,” he said.

Bijoo John, an engineering student, said this is a good decision and all the bribe-takers and those who have unaccounted money will not be in trouble. (IANS)