"It is nothing less than a surgical strike on their (SP and BSP) business of trading tickets for cash," he alleged, adding now elections cannot be won with muscle power and black money.
"How will they (SP and BSP) now sell tickets to aspiring candidates for the elections and collect crores of rupees," he said.
"Leaders of the SP and BSP have only looted public money during their respective regimes and have amassed huge wealth. There was no development in the state as the money earmarked for it was siphoned-off by them," he alleged.
The Prime Minister's decision will check the menace of fake currency being smuggled into the country by Pakistan to disrupt theIndian economy, he alleged.
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"Even they (Pakistan) will not be able to finance terrorism in our country," Maurya added.
Maurya claimed BJP would win over 300 seats in the 2017 UP elections and will have amajority government.