"I have fought several elections...We have seen that several parties use blackmoney. Those who have blackmoney will feel bad. Let us see who feels bad and who feels good (about the decision to scrap Rs 500 and Rs 1,000 currency notes)," he told reporters here.
Supporting the move, he said it was akin to an "economic surgical strike on ill-gotten money.
Naik was asked whether the decision of the government will check use of money power in Uttar Pradesh elections.
The UP Governor was here for the release of Hindi, English, Urdu and Gujarati versions of his book 'Move Ahead' by President Pranab Mukherjee at Rashtrapati Bhawan.
Vice president Hamid Ansari, Lok Sabha Speaker Sumitra Mahajan, Information and Broadcasting Minister M Venkaiah Naidu, NCP chief Sharad Pawar and several governors and chief ministers were present on the occasion, he said.
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