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Demonetisation a bold step: Tripathi

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Press Trust of India Kolkata
Last Updated : Nov 22 2016 | 4:07 PM IST
The demonetisation move by the Centre is a bold step and everybody should shed negative thoughts about it, West Bengal Governor Keshari Nath Tripathi said today.
"Demonetisation initiative by the government is a bold step aimed towards rooting out corruption and black money," he said at the foundation stone laying ceremony of Assocham's Kolkata office here.
The move would bring down inflation and boost growth. "People having negative thoughts about it should shed that. If we succeed, then this will bring a sustained growth in the economy," Tripathi said.
His comments on demonetisation were in sharp contrast to the views of West Bengal Chief Minister Mamata Banerjee who has been vociferous in opposing the move saying that it was causing immense hardship to common people and economy was being hurt.
Tripathi also lauded Prime Minister Narendra Modi's Act East Policy which would make Kolkata closer to the countries of South East Asia and the city would once more regain its past glory.
Assocham, the apex chamber, which started functioning from the city in 1920 would build its own house in Salt Lake, according to president Sunil Kanoria.

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First Published: Nov 22 2016 | 4:07 PM IST

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