Prime Minister Narendra Modi was not in any respect in favour of Rs 2,000 notes as he by no means thought-about it to be as be aware of the poor however as demonetisation was to be completed in a restricted time, he gave reluctant permission for it, stated Nripendra Misra, Former Principal Secretary to the Prime Minister.
“…PM Modi was not at all in favour of Rs 2,000 notes. But, as demonetisation was to be done in a limited time, he gave reluctant permission for it…PM never considered Rs 2000 note as note of the poor, he knew Rs 2000 has hoarding value instead of transactional value,” stated Nripendra Misra, Former Principal Secretary to the Prime Minister.
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