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UP Guv likens demonetisation hardships to 'labour pains'

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Press Trust of India Mathura
Last Updated : Nov 17 2016 | 8:57 PM IST
Uttar Pradesh Governor Ram Naik today appeared to liken the hardship arising out of demonetisation to "labour pains", suggesting that the outcome of the Centre's move would be as "joyful" as the birth of a baby.
Naik made the comments when asked by reporters about the cash crunch being faced by people in the aftermath of the government's move to demonetise 500 and 1,000 rupee notes.
Drawing the bizarre analogy, Naik said that just as a pregnant woman suffers labour pains which have a joyful outcome, demonetisation would similarly have a good result as it would control economic corruption.
"It is bold and courageous step that Prime Minister Narendra Modi has taken to eliminate black money," Naik told reporters today.
He said the step would also pave the way for eliminating fake currency.
"It would prevent circulation of fake currency coming from foreign countries who were trying to jeopardise our economy", he replied to a question.

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First Published: Nov 17 2016 | 8:57 PM IST

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