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UDP backs demonetization

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  7 Dec 2016 12:00 AM GMT

FROM A CORRESPONDENT
SHILLONG, Dec 6: Contrary to the stand of the Congress leaders, the United Democratic Party (UDP) president Dr Donkupar Roy today appreciated the move to demonetize the Rs 500 and Rs 1000 notes. When asked why the Congress was against the demonetization of high currency notes, Dr Roy said, “I think this has affected them too.” According to Dr Roy in the short term the economy will suffer but later it will stabilize. The UDP president said that the objective of the demonetization is to address the issues of black money, corruption, counterfeit currency notes and terror funding.

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